Open
$27,800
Close
$28,165
Return
+1.31%
Net Flow
+445 BTC
Volume
49,723 BTC
Buy/Sell Ratio
1.02

Summary

Bitcoin ground out a +1.31% gain on Tuesday, April 04, 2023, closing at $28,165 as buyers controlled aggregate flow with 445 BTC of net pressure.

BTC price and volume for April 04, 2023

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

Large-player activity detected: 20 bars with trade sizes 3σ+ above normal (peak: 8.6σ) between 01:01–23:43 UTC. Whale flow netted 229 BTC of selling.

Flow reversed midday. The first 12 hours belonged to buyers (+853 BTC), but sellers erased that and then some (-408 BTC) in the back half.

A clean, flow-driven day. The 0.91 correlation between cumulative flow and price means buying pressure was the dominant force — no hidden passive flow muddying the signal.

Cumulative flow vs return for April 04, 2023

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 +0.32%, US +0.19%. Asia led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.80% 511 BTC 45%
Europe 08:00 - 14:00 0.32% 282 BTC 25%
US 14:00 - 00:00 0.19% -348 BTC 30%
Buy vs sell volume for April 04, 2023

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 bull regime. The +1.31% return tracked the regime average of +0.34%.

Patterns: bull whale-activity flow-reversal

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
+2.02%
whale-activity flow-reversal regime-start
Apr 05, 2021BULL
+1.59%
whale-activity flow-reversal regime-start
Apr 06, 2021BULL
-1.93%
whale-activity flow-reversal regime-start
Apr 10, 2021BULL
+2.80%
whale-activity flow-reversal asia-dominated
Apr 11, 2021BULL
+0.39%
whale-activity flow-reversal asia-dominated

Explore this day's minute-level flow data interactively on the dashboard.

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