How to short bitcoin?

Could you elaborate on the process of shorting Bitcoin? As a financial professional, I'm curious to understand the mechanics behind this strategy. Does it involve borrowing Bitcoin from a lender and then selling it on the market with the intention of repurchasing it later at a lower price? How do the risks associated with shorting Bitcoin compare to other financial instruments? And finally, are there any specific platforms or exchanges that are better suited for executing shorting strategies on Bitcoin? I'd appreciate a concise yet thorough explanation of the process.