Open
$42,454
Close
$39,149
Return
-7.79%
Net Flow
-3,319 BTC
Volume
61,965 BTC
Buy/Sell Ratio
0.90

Summary

Bitcoin crashed -7.8% on Friday, March 04, 2022, closing at $39,149 as sellers controlled aggregate flow with 3,319 BTC of net pressure.

BTC price and volume for March 04, 2022

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: 18 bars with trade sizes 3σ+ above normal (peak: 8.1σ) between 00:17–22:58 UTC. Whale flow netted 132 BTC of buying.

Day 3 of unbroken net selling. The market had a directional lean and wasn't letting go.

The 9.4% intraday range ($38,550 – $42,527) tells the story of a market in flux. Both sides had their moments.

Flow and price moved in lockstep (correlation: 0.95). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for March 04, 2022

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 -2.40%, Europe -0.29%, US -5.25%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -2.40% -1422 BTC 43%
Europe 08:00 - 14:00 -0.29% -57 BTC 2%
US 14:00 - 00:00 -5.25% -1840 BTC 55%
Buy vs sell volume for March 04, 2022

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

Regime Context

At -2.9σ from the regime mean, this -7.79% move was an outlier within the bull period (avg +0.34%).

Net flow of -3,319 BTC was elevated at -2.0σ vs the bull-regime average of -386 BTC.

Patterns: bull whale-activity outlier-return high-volatility flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jul 27, 2021BULL
+5.95%
whale-activity us-dominated outlier-return regime-start high-volatility flow-streak
Oct 15, 2021BULL
+7.54%
extreme-flow whale-activity outlier-return high-volatility flow-streak
Jul 18, 2022BULL
+7.85%
extreme-flow whale-activity outlier-return regime-start volume-spike high-volatility flow-streak
Aug 19, 2022BULL
-10.16%
extreme-flow whale-activity outlier-return regime-end volume-spike high-volatility flow-streak
Dec 11, 2023BULL
-5.79%
extreme-flow whale-activity outlier-return high-volatility flow-streak

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