BTC Flow Analysis — March 16, 2023 BEAR
Thursday · Minute-level BTC order flow from Binance · 10,418,081 trades
Summary
March 16, 2023: Bitcoin pushed +2.9% higher. The 1,385 BTC of net buying flow at $24,999 told a clear story — buyers 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
Sustained large-player buying throughout the day. 25 bars with trade sizes 3σ+ above normal (peak: 6.3σ), spread across 00:11–11:54 UTC. The 64 BTC of whale flow reinforced the day's buying bias.
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
Most of the action happened during Asia hours, which accounted for 65% of the day's net flow (901 BTC buying). The rest of the day was a footnote.
Breaking it down by session: Asia +1.35%, Europe +0.88%, US +0.67%. Asia stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 1.35% | 901 BTC | 65% |
| Europe | 08:00 - 14:00 | 0.88% | 77 BTC | 6% |
| US | 14:00 - 00:00 | 0.67% | 408 BTC | 29% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Volume ran hot: 439,421 BTC traded, +3.2σ above the bear-regime average. High volume days tend to carry more signal.
The buying streak extended to 5 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard