Open
$54,870
Close
$57,042
Return
+3.96%
Net Flow
+441 BTC
Volume
32,385 BTC
Buy/Sell Ratio
1.03

Summary

Bitcoin pushed +4.0% higher on Monday, September 09, 2024, closing at $57,042 as buyers controlled aggregate flow with 441 BTC of net pressure.

BTC price and volume for September 09, 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: 6.9σ) between 00:47–23:43 UTC. Whale flow netted 242 BTC of selling.

Flow reversed midday. The first 12 hours belonged to sellers (-191 BTC), but buyers erased that and then some (+632 BTC) in the back half.

Price followed flow faithfully (correlation: 0.90). 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 September 09, 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

Session returns: Asia +0.19%, Europe +1.30%, US +2.43%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.19% -327 BTC 30%
Europe 08:00 - 14:00 1.30% 372 BTC 34%
US 14:00 - 00:00 2.43% 396 BTC 36%
Buy vs sell volume for September 09, 2024

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 3 day(s) into a new bear regime, having transitioned from chop. Early-regime days often carry residual momentum from the prior period.

Patterns: bear whale-activity flow-reversal regime-start

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 12, 2021BEAR
-12.42%
whale-activity flow-reversal us-dominated outlier-return regime-start high-volatility flow-streak
Jun 19, 2021BEAR
-0.94%
whale-activity flow-reversal asia-dominated regime-start flow-streak
Jun 20, 2021BEAR
+0.33%
whale-activity flow-reversal europe-dominated regime-start flow-streak
Jul 14, 2021BEAR
+0.28%
whale-activity flow-reversal asia-dominated regime-start flow-streak

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