<ul data-eligibleForWebStory="false"><li>Analyst CrediBull Crypto believes it is now 'illegal' to short Bitcoin due to strong bullish setups and limited downside risk.</li><li>Bitcoin's current price is $108,295 with a slight decline over the past 24 hours and a moderate increase in the last 7 days.</li><li>CrediBull Crypto suggests potential bullish scenarios for Bitcoin, projecting breakout targets above $120,000 and a worst-case downside scenario at lower levels.</li><li>Bitcoin ownership data reflects a shift towards long-term holding and accumulation, indicating a more stable investor base in the market.</li></ul>

Here’s Why It Is Now Illegal to Short Bitcoin According to This Prominent Analyst

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