Bitcoin (BTC) may be heading for a correction toward $70,000 as technical indicators suggest a bearish flag formation. Analyst Ali Martinez highlighted that Bitcoin has struggled to surpass the mid-$90,000 resistance, indicating a possible breakdown. Michaël van de Poppe, another analyst, pointed to $92,000 as a critical level for market stability. At press time, Bitcoin was trading at $90,522, down over 1% in the last 24 hours.