Crypto Trader Predicts Bitcoin Rally as Ethereum Struggles to Break $2K Barrier

A top trader who accurately predicted the bottom of last year's bear market believes that Bitcoin is on the verge of a significant upward move if it can break through the resistance level at $28,000. The trader suggests that if this resistance is breached, Bitcoin could potentially reach $42,000. Despite recent positive price action, sentiment among crypto traders remains bearish. However, the trader is optimistic due to the prolonged consolidation around the $28,000 level. Failure to break above this level could result in a substantial sell-off, potentially pushing Bitcoin towards $23,000-$20,000.