The analyst #ETH believes that the death cross of Bitcoin is actually a bull run signal.

Bitcoin is facing a potential "death cross" pattern, which is often seen as a bear market signal.
Analyst Aldo expects that the crossover may become a bottom, with a target of $120,000 in the summer and $150,000 by the end of the year.
The new Trump charging plan has increased macroeconomic pressure and triggered a market downturn on Thursday.
Currently, Bitcoin has once again become the focus of attention due to the "death cross"—a graphical model that occurs when Bitcoin's short-term moving average, such as the 50-day line, crosses downward through its long-term moving average, such as the 200-day line.
This model is often seen as a bearish signal. In addition, there is an upcoming tariff issue that will take effect on April 2, which may affect market sentiment, including indicators for Bit. However, not everyone believes in all the bad news.
Death Cross: Bear Market Signal or Market Bottom Indicator?
Crypto analyst Evan Aldo explained that the death cross may not be as negative as it seems. It could be a sign that Bitcoin is about to rebound. Looking at the chart shared by Benjamin Cohen, he stated that this pattern has historically marked market bottoms, suggesting that Bitcoin may be on the verge of a significant recovery. Source: Benjamin Cohen/X
He believes that even under the current downward pressure, if the price of Bit falls to the level of $77,000–$79,000, it should find significant support there.
A rebound is expected soon, and by summer, Bitcoin may reach $119,000–$120,000. By the end of the year, Bitcoin may reach $150,000, benefiting from strong market momentum and investor interest. Source: Evan Aldo
However, a drop below $75,000 would be a red flag. If the price falls below $70,000, it will raise the greatest concerns, as this would lead to a significant drop compared to previous market corrections following Bitcoin halving events. Historically, Bitcoin has typically adjusted by about 30-35% after such events; therefore, any situation exceeding this value could indicate more serious issues.
Trump's new pricing plan has shocked the market.
On Thursday, the market was hit hard as President Donald Trump announced new tariffs, including a 25% import tax on cars from Canada, and potential tariffs on imports from the European Union if they cooperate against the U.S. economy.
Cryptocurrencies, such as Bit, Ethereum (ETH), and Ripple (XRP), have already dropped more than 5%. Bit, often viewed as a hedge against traditional market risks, has also not escaped the effects of the sell-off. Experts predict that tariffs aimed at stimulating the US economy may actually put pressure on global markets, leading to greater volatility for traditional assets and digital currencies, such as Bit.