[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CrediBULL Crypto [@CredibleCrypto](/creator/twitter/CredibleCrypto) on x 473.6K followers Created: 2025-07-07 22:41:16 UTC Why is it now illegal to short Bitcoin? Because there is a non-zero chance that the next impulse up has already begun. My original count/idea shared a few days ago had us rejecting at range highs above 110k and seeing a pullback down to the BLUE zone at 102k-ish before moving sideways for a few more weeks before the next impulse begins HOWEVER while I do still think this scenario is probable I also recognize that there is a non-zero chance that the next impulse up has already begun (most bullish scenario depicted). In either case, downside is relatively limited on Bitcoin from current levels imo and so focus should be on identifying potential long opps on Bitcoin rather than looking to short clear strength. We will know more as PA develops of course but I felt this was important to point out in case of a move to range highs in the coming days. $BTC  XXXXXXX engagements  **Related Topics** [if you](/topic/if-you) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/CredibleCrypto/status/1942353251208134888)
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CrediBULL Crypto @CredibleCrypto on x 473.6K followers
Created: 2025-07-07 22:41:16 UTC
Why is it now illegal to short Bitcoin?
Because there is a non-zero chance that the next impulse up has already begun.
My original count/idea shared a few days ago had us rejecting at range highs above 110k and seeing a pullback down to the BLUE zone at 102k-ish before moving sideways for a few more weeks before the next impulse begins HOWEVER while I do still think this scenario is probable I also recognize that there is a non-zero chance that the next impulse up has already begun (most bullish scenario depicted).
In either case, downside is relatively limited on Bitcoin from current levels imo and so focus should be on identifying potential long opps on Bitcoin rather than looking to short clear strength.
We will know more as PA develops of course but I felt this was important to point out in case of a move to range highs in the coming days.
$BTC
XXXXXXX engagements
Related Topics if you bitcoin coins layer 1 coins bitcoin ecosystem coins pow