BTC Flow Analysis — December 31, 2021 BEAR
Friday · Minute-level BTC order flow from Binance · 1,059,783 trades
Summary
December 31, 2021: Bitcoin drifted lower (-1.92%). The 307 BTC of net selling flow at $46,217 told a clear story — sellers were in charge.
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
28 bars of outsized trades (peak 10.0σ) appeared between 00:12–23:00 UTC, with whale flow netting 81 BTC of buying.
Day 4 of unbroken net selling. The market had a directional lean and wasn't letting go.
Flow and price moved in lockstep (correlation: 0.91). Aggressor-side selling translated directly into price movement with minimal resistance.
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
A tale of two halves — buyers pushed 276 BTC through the morning, then sellers flipped the script with 583 BTC in the afternoon.
Breaking it down by session: Asia +0.15%, Europe +1.58%, US -3.59%. US stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.15% | 223 BTC | 30% |
| Europe | 08:00 - 14:00 | 1.58% | -110 BTC | 15% |
| US | 14:00 - 00:00 | -3.59% | -420 BTC | 56% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Nothing unusual for a bear-regime day. The -1.92% return was consistent with the period's average of -0.27%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard