Bitcoin ended its five-day rally, pulling back from the $73,698 high touched on Friday to around $70,740. Veteran trader Peter Brandt pointed out a channel pattern that repeatedly appears on the Bitcoin chart, suggesting it may signal a directional breakout. He previously mentioned a "small banana" pattern that aligns with a larger channel formation, linking it to long-term price targets of $250,000 to $500,000. Meanwhile, US spot Bitcoin ETFs are on track to achieve net inflows for a third consecutive week, with cumulative inflows exceeding $1.6 billion over the past month.