Platforms such as Polymarket allow users to bet on the outcome of events, including Bitcoin's price movements. While not traditional shorting, these markets enable speculation on price declines.
Risks to Consider:
Unlimited Loss Potential: If Bitcoin's price rises instead of falling, losses can be substantial.
Margin Calls: Using borrowed funds can lead to margin calls if the market moves against your position.
Market Volatility: Bitcoin's price is highly volatile, making shorting particularly risky