I've seen the video and I severely disagree. I'm not trying to say what happened is right but the victim of the shooting was reaching, from the point of the officer, possibly reaching for a gun at this point and especially in the given situation I would suggest that someone who likes "You're fucked" on the gun will still be stressed and pumped on adrenaline, hence the confusing and bad instructions. So they see someone reaching for what might be a gun and fire.
Was it avoidable? Definitely. It's a tragedy and not necessary.
In most other civilized countries the police would have handled this much more maturely and with better training.