Bitcoin is turning bearish due to several key factors:
1. Strong U.S. dollar performance is pulling investors away from risk assets like BTC.
2. Rising interest rates are reducing liquidity in the market.
3. Whale sell-offs and profit-taking are creating downward pressure.
4. Regulatory uncertainty around crypto is shaking investor confidence.
5. Technical indicators like moving averages and RSI are signaling a bearish trend.$BTC