Bitop Review: BTC and ETH Bullish Breakout – Technical Analysis & Price Targets for 2025

Recent bullish breakout signals are emerging for Bitcoin (BTC) and Ethereum (ETH). The BTC price recently broke above a descending trendline, encountering resistance at $112,544 before retracing to find support around $109,330. This rebound suggests a potentially credible move. As of writing, BTC is trading around $111,211. Investors may consider establishing long positions at the current market price or setting buy orders at $110,000. Take-profit levels can be set in stages at $112,550 and $114,750, with corresponding stop-loss levels ranging from $109,250 to $108,390 based on individual risk tolerance. Ethereum (ETH) also experienced a breakout from a descending wedge, encountering resistance near $4,490 before retracing to find support at $4,260. This rebound aligns with the Fibonacci 0.236 level and is above previous lows, hinting at strong support and potential for trend continuation. ETH is currently trading around $4,320, roughly at the Fibonacci 0.382 level. Investors may consider entering long positions at this price point, setting take-profit targets at $4,490, $4,550, and $4,660, with corresponding stop-loss levels positioned at $4,250 or $4,200 based on individual risk tolerance.