Open
$62,882
Close
$63,892
Return
+1.61%
Net Flow
+974 BTC
Volume
24,369 BTC
Buy/Sell Ratio
1.08

Summary

On Saturday, May 04, 2024, Bitcoin ticked up +1.61% to $63,892. Net flow: +974 BTC — buyers had the edge.

BTC price and volume for May 04, 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

Sustained large-player buying throughout the day. 19 bars with trade sizes 3σ+ above normal (peak: 7.4σ), spread across 01:09–23:59 UTC. The 410 BTC of whale flow reinforced the day's buying bias.

Price followed flow faithfully (correlation: 0.91). When you see this level of alignment, it means one side is in control and the other isn't even fighting.

Cumulative flow vs return for May 04, 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

Morning and afternoon traded like two different markets. Buyers led early (+1,053 BTC), sellers dominated late (-79 BTC).

Across sessions: Asia +0.12%, Europe +1.22%, US +0.25% — with Europe doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.12% 398 BTC 41%
Europe 08:00 - 14:00 1.22% 430 BTC 44%
US 14:00 - 00:00 0.25% 146 BTC 15%
Buy vs sell volume for May 04, 2024

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

Regime Context

Market conditions were bear — and this day didn't deviate. A +1.61% return against a regime average of -0.27%.

Patterns: bear whale-activity flow-reversal

Related Days

Days with similar flow patterns and market conditions.

Apr 26, 2021BEAR
+10.06%
whale-activity flow-reversal outlier-return regime-start high-volatility
May 03, 2021BEAR
+1.04%
whale-activity flow-reversal us-dominated flow-streak
May 05, 2021BEAR
+7.95%
whale-activity flow-reversal outlier-return regime-end high-volatility
May 06, 2021BEAR
-1.81%
whale-activity flow-reversal us-dominated regime-end
May 08, 2021BEAR
+2.70%
whale-activity flow-reversal us-dominated regime-end flow-streak

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

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