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Bitcoin and the “Death Cross”: A Bottom Signal?

30 Mar 2025by CryptoJazz Admin1 min read59 views
Bitcoin and the “Death Cross”: A Bottom Signal?

⚫Bitcoin is back in the spotlight due to the “Death Cross” pattern, where the 50-day moving average crosses below the 200-day moving average. Typically, this is a bearish signal, but analyst Evan Aldo suggests it could indicate a market bottom. He predicts support at $77,000–$79,000 and a rally to $120,000 by summer and $150,000 by year-end.

⚫Additional market pressure comes from Trump’s tariff plans, which have triggered a decline in cryptocurrencies. If BTC drops below $70,000, it could be a major warning sign.

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