Open
$42,564
Close
$42,067
Return
-1.17%
Net Flow
-207 BTC
Volume
42,597 BTC
Buy/Sell Ratio
0.99

Summary

December 29, 2023: Bitcoin drifted lower (-1.17%). The 207 BTC of net selling flow at $42,067 told a clear story — sellers were in charge.

BTC price and volume for December 29, 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: 27 bars with trade sizes 3σ+ above normal (peak: 5.6σ) between 00:25–23:49 UTC. Whale flow netted 85 BTC of buying.

Flow and price moved in lockstep (correlation: 0.88). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for December 29, 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

A tale of two halves — buyers pushed 198 BTC through the morning, then sellers flipped the script with 405 BTC in the afternoon.

Breaking it down by session: Asia -0.68%, Europe +1.31%, US -1.77%. US stood out.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.68% -214 BTC 22%
Europe 08:00 - 14:00 1.31% 392 BTC 40%
US 14:00 - 00:00 -1.77% -384 BTC 39%
Buy vs sell volume for December 29, 2023

Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.

Regime Context

In retrospect, the bull regime was ending. CHOP conditions were 1 day(s) away.

Patterns: bull whale-activity flow-reversal regime-end

Related Days

Days with similar flow patterns and market conditions.

Apr 14, 2021BULL
-0.97%
whale-activity flow-reversal us-dominated regime-end
Apr 15, 2021BULL
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whale-activity flow-reversal regime-end
Sep 03, 2021BULL
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whale-activity flow-reversal regime-end flow-streak
Sep 06, 2021BULL
+1.75%
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Nov 11, 2021BULL
-0.17%
whale-activity flow-divergence flow-reversal regime-end flow-streak

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