Bitcoin (BTC) has declined by 7% in the last 24 hours and approximately 5% in the last hour, according to CoinGecko data, to $ 37,700.

Bitcoin has erased around $ 3,000 in the past few hours. This decline in BTC created a slight panic in the cryptocurrency community. So why is the leading cryptocurrency falling? Will this decline continue?

It would not be wrong to expect $ 35,000 in Bitcoin for now. This is again a very small correction on the general scale, but you can stop before or after that, depending on your trading strategy.