With all this happening, it's actually pretty dang surprising Bitcoin only broke it's ATH by a couple thousand dollars and didn't blast off much higher.
In my opinion it is still recession and economic uncertainty that is having a negative effect on the market pushing the price down and preventing its "big rise".
The global tensions are also on the rise again after NATO tried assassinating the Russian president. The there is the tariff war that is causing recession. So when people have no money and things are getting crazier every day, more people tend to liquidate their assets rather than adding to them. Hence the sell pressure.