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Bitcoin falls back to USD 400

FXStreet (Mumbai) - Bitcoin prices clocked a high of USD 450 yesterday before falling back to USD 400 levels as traders booked profits.

The BTC/USD pair traded 0.65% lower at 396.40, at the time of writing, compared to the previous session’s close of USD 413.5. The virtual currency has been too volatile since yesterday clocking a high and low of USD 454.60 and USD 378 respectively. Elsewhere, the BTC/EUR is trading 0.16% higher at 315.50 levels.

BTC/USD Technical Levels

The BTC/USD pair has an immediate resistance at 400, above which the prices may rise to 408.20 levels. Meanwhile, support is seen at 389 and 378 levels.

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