Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter.
Key takeaways:
Bitcoin targets $122,000, where $2 billion in short liquidations are clustered but Q3 seasonal data hints at downside.
A falling RSI, spot BTC ETF outflows, and low trading volumes point to weakening bullish momentum.
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