BTC Flow Analysis — June 22, 2023 BULL
Thursday · Minute-level BTC order flow from Binance · 1,146,092 trades
Summary
Bitcoin drifted lower (-0.36%) on Thursday, June 22, 2023, closing at $29,885 as sellers controlled aggregate flow with 3,249 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. 20 bars with trade sizes 3σ+ above normal (peak: 7.3σ), spread across 00:28–18:00 UTC. The 38 BTC of whale flow reinforced the day's selling 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
US traders set the tone. 71% of directional flow — 2,423 BTC of selling — came from that single session.
Session returns: Asia +0.36%, Europe +0.45%, US -1.16%. US led the move.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.36% | 73 BTC | 2% |
| Europe | 08:00 - 14:00 | 0.45% | -899 BTC | 26% |
| US | 14:00 - 00:00 | -1.16% | -2423 BTC | 71% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
The market was 2 day(s) into a new bull regime, having transitioned from chop. Early-regime days often carry residual momentum from the prior period.
Net flow of -3,249 BTC was elevated at -1.9σ vs the bull-regime average of -386 BTC.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard