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Bitcoin gains 2.6%

FXStreet (Mumbai) - Bitcoin has inched higher today, although the prices are still in a narrow range witnessed since the beginning of this week.

The BTC/USD is trading 2.67% higher at 332.60 levels. The prices have been restricted largely to a range of USD 335 to 320. Meanwhile, the BTC/EUR pair has gained 2.16% to trade at 262.5 levels. CoinDesks’s Bitcoin Price Index, which calculates the average price of the virtual currency across the globe, is up 2.13% at USD 335.27.

Bitcoin Technical Levels

Bitcoin has an immediate resistance at 335, above which it can rise to 355 levels. On the flip side, prices may fall to 300.00 levels if the immediate support located at 320.00 is breached.

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