BTC Flow Analysis — January 12, 2022 CHOP
Wednesday · Minute-level BTC order flow from Binance · 1,023,902 trades
Summary
On Wednesday, January 12, 2022, Bitcoin pushed +2.7% higher to $43,903. Net flow: +1,225 BTC — buyers had the edge.
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
The big players were active all day. 32 bars of outsized trades (9.2σ peak) from 00:35–21:26 UTC, adding 531 BTC of buying pressure on top of the broader buying flow.
Price followed flow faithfully (correlation: 0.98). When you see this level of alignment, it means one side is in control and the other isn't even fighting.
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
Strip out Europe and the day would look flat. That session alone contributed 76% of the net flow (936 BTC buying).
Across sessions: Asia -0.39%, Europe +3.19%, US -0.04% — with Europe doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.39% | 12 BTC | 1% |
| Europe | 08:00 - 14:00 | 3.19% | 936 BTC | 76% |
| US | 14:00 - 00:00 | -0.04% | 278 BTC | 23% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Day 1 of a fresh chop regime. The market had just flipped from bear, and the new character was still establishing itself.
Related Days
Days with similar flow patterns and market conditions.
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