BTC Flow Analysis — March 20, 2022 CHOP
Sunday · Minute-level BTC order flow from Binance · 799,695 trades
Summary
Bitcoin lost 2.2% on Sunday, March 20, 2022, closing at $41,262 as sellers controlled aggregate flow with 1,380 BTC of net pressure.
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
Sustained large-player selling throughout the day. 16 bars with trade sizes 3σ+ above normal (peak: 7.2σ), spread across 01:43–23:30 UTC. The 324 BTC of whale flow reinforced the day's selling bias.
This was day 4 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.
Price followed flow faithfully (correlation: 0.95). 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
Session returns: Asia -0.80%, Europe -0.90%, US -0.54%. Europe led the move.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.80% | -69 BTC | 5% |
| Europe | 08:00 - 14:00 | -0.90% | -785 BTC | 57% |
| US | 14:00 - 00:00 | -0.54% | -526 BTC | 38% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
The chop regime was running out of road — 1 day(s) before the market shifted to bull. The transition was already underway in hindsight.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard