Open
$57,169
Close
$53,200
Return
-6.94%
Net Flow
-3,265 BTC
Volume
85,325 BTC
Buy/Sell Ratio
0.93

Summary

Bitcoin closed at $53,200 on May 04, 2021 after dropped 6.9% in a sharp selloff. Aggressor-side flow netted -3,265 BTC, favoring sellers.

BTC price and volume for May 04, 2021

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

17 bars of outsized trades (peak 8.8σ) appeared between 00:18–21:58 UTC, with whale flow netting 141 BTC of buying.

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 May 04, 2021

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

The US session posted the largest move. Full breakdown: Asia -2.19%, Europe -0.82%, US -4.08%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -2.19% -1190 BTC 36%
Europe 08:00 - 14:00 -0.82% -723 BTC 22%
US 14:00 - 00:00 -4.08% -1353 BTC 41%
Buy vs sell volume for May 04, 2021

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

Regime Context

The selling streak extended to 4 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.

Patterns: bear whale-activity flow-streak

Related Days

Days with similar flow patterns and market conditions.

Apr 25, 2021BEAR
-1.96%
whale-activity us-dominated regime-start flow-streak
May 03, 2021BEAR
+1.04%
whale-activity flow-reversal us-dominated flow-streak
May 08, 2021BEAR
+2.70%
whale-activity flow-reversal us-dominated regime-end flow-streak
May 12, 2021BEAR
-12.42%
whale-activity flow-reversal us-dominated outlier-return regime-start high-volatility flow-streak
May 13, 2021BEAR
+0.27%
whale-activity asia-dominated regime-start high-volatility flow-streak

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

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