<ul><li>Bitcoin's recent rally has not been enough to change the long-term bearish pattern, according to veteran trader Peter Brandt.</li><li>Brandt emphasizes that Bitcoin needs to close above $71,000 and establish a new all-time high to signal a true bullish shift.</li><li>BTC has been following a consistent downtrend, with lower highs and lower lows, indicating ongoing bearish sentiment.</li><li>Market experts, including Willy Woo, agree with Brandt's outlook and expect a cooling-off period before a stronger uptrend emerges later this year.</li></ul>

Peter Brandt: Bitcoin Needs $71,000 Break for Bullish Shift

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