Bitcoin ended its five-day rally, falling from the $73,698 peak touched on Friday to around $70,740. Seasoned trader Peter Brandt pointed out the recurring channel pattern on Bitcoin's chart, suggesting it could 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 poised for net inflows for a third consecutive week, with cumulative inflows exceeding $1.6 billion over the past month.