Open
$63,420
Close
$63,793
Return
+0.59%
Net Flow
-1,353 BTC
Volume
53,435 BTC
Buy/Sell Ratio
0.95

Summary

Bitcoin edged higher (+0.59%) on Tuesday, April 16, 2024, closing at $63,793 as sellers controlled aggregate flow with 1,353 BTC of net pressure.

BTC price and volume for April 16, 2024

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: 28 bars with trade sizes 3σ+ above normal (peak: 7.3σ) between 00:14–23:59 UTC. Whale flow netted 226 BTC of buying.

This was day 8 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.

Cumulative flow vs return for April 16, 2024

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

Europe traders set the tone. 68% of directional flow — 920 BTC of selling — came from that single session.

Session returns: Asia +0.15%, Europe -1.30%, US +1.76%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.15% -43 BTC 3%
Europe 08:00 - 14:00 -1.30% -920 BTC 68%
US 14:00 - 00:00 1.76% -390 BTC 29%
Buy vs sell volume for April 16, 2024

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

Regime Context

Nothing unusual for a bear-regime day. The +0.59% return was consistent with the period's average of -0.27%.

Patterns: bear whale-activity europe-dominated flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jun 06, 2021BEAR
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Jun 20, 2021BEAR
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Jun 22, 2021BEAR
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extreme-flow whale-activity europe-dominated high-volatility flow-streak
Jun 23, 2021BEAR
+3.59%
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Jul 02, 2021BEAR
+0.85%
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Explore this day's minute-level flow data interactively on the dashboard.

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