It fails initially because it Windows says the computer does not have a TPM. (I believe this is a hardware check that can be disabled.) After that, Windows needs to make a small partition for the initial part of the boot-up, and a larger encrypted partition that stores all of the operating system and files. I've been hesitant to go to that step for fear it will erase my primary Mac partition.
Has anyone had success using Bitlocker partition on a Mac? Is it better to use Windows with Parallels purely in the Mac environment rather than reading a Boot Camp partition?