Open
$104,464
Close
$106,059
Return
+1.53%
Net Flow
-604 BTC
Volume
41,302 BTC
Buy/Sell Ratio
0.97

Summary

Bitcoin edged higher (+1.53%) on Monday, December 16, 2024, closing at $106,059 as sellers controlled aggregate flow with 604 BTC of net pressure.

BTC price and volume for December 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

27 bars of outsized trades (peak 7.0σ) appeared between 00:33–22:36 UTC, with whale flow netting 5 BTC of buying.

Flow reversed midday. The first 12 hours belonged to sellers (-722 BTC), but buyers erased that and then some (+117 BTC) in the back half.

Cumulative flow vs return for December 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. 87% of directional flow — 677 BTC of selling — came from that single session.

Session returns: Asia +0.51%, Europe -1.03%, US +2.07%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.51% 87 BTC 11%
Europe 08:00 - 14:00 -1.03% -677 BTC 87%
US 14:00 - 00:00 2.07% -14 BTC 2%
Buy vs sell volume for December 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

In retrospect, the bull regime was ending. CHOP conditions were 2 day(s) away.

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

Related Days

Days with similar flow patterns and market conditions.

Oct 06, 2021CHOP
+7.47%
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Oct 07, 2022CHOP
-2.16%
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Jul 10, 2024BEAR
-0.56%
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Aug 12, 2024CHOP
+1.08%
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Mar 16, 2025BEAR
-2.09%
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