BTC Flow Analysis — July 18, 2021 BEAR
Sunday · Minute-level BTC order flow from Binance · 760,979 trades
Summary
Bitcoin closed at $31,779 on July 18, 2021 after ticked up 0.82%. Aggressor-side flow netted -815 BTC, favoring sellers.
BTC price (blue) and trading volume (cyan bars) per minute. Session shading: Asia (gold 00-08 UTC), Europe (green 08-14), US (red 14-00).
Flow Analysis
The big players were active all day. 15 bars of outsized trades (7.1σ peak) from 00:17–21:29 UTC, adding 71 BTC of selling pressure on top of the broader selling flow.
Net selling for 7 straight days. Whether it's institutional positioning or sentiment-driven, the directional bias was persistent.
Price followed flow faithfully (correlation: 0.81). When you see this level of alignment, it means one side is in control and the other isn't even fighting.
Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.
Session Breakdown
The US session drove 64% of the day's directional flow, with 664 BTC of net selling. The other two sessions were comparatively quiet.
The Asia session posted the largest move. Full breakdown: Asia +0.61%, Europe -0.04%, US +0.25%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.61% | 114 BTC | 11% |
| Europe | 08:00 - 14:00 | -0.04% | -265 BTC | 25% |
| US | 14:00 - 00:00 | 0.25% | -664 BTC | 64% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
This day sat within a bear regime. The +0.82% return tracked the regime average of -0.27%.
Related Days
Days with similar flow patterns and market conditions.
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