Bitcoin has ended its five-day winning streak, pulling back from Friday's high of $73,698 to around $70,740. Veteran trader Peter Brandt has 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 and linked it to long-term price targets between $250,000 and $500,000. Meanwhile, U.S. 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.

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