Open
$47,068
Close
$45,510
Return
-3.31%
Net Flow
-2,886 BTC
Volume
48,645 BTC
Buy/Sell Ratio
0.89

Summary

On Thursday, March 31, 2022, Bitcoin lost 3.3% to $45,510. Net flow: -2,886 BTC — sellers had the edge.

BTC price and volume for March 31, 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

The big players were active all day. 26 bars of outsized trades (8.8σ peak) from 00:13–22:39 UTC, adding 515 BTC of selling pressure on top of the broader selling flow.

Price followed flow faithfully (correlation: 0.97). 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 March 31, 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

Strip out US and the day would look flat. That session alone contributed 69% of the net flow (1,986 BTC selling).

Across sessions: Asia +0.20%, Europe -0.53%, US -2.99% — with US doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.20% -200 BTC 7%
Europe 08:00 - 14:00 -0.53% -700 BTC 24%
US 14:00 - 00:00 -2.99% -1986 BTC 69%
Buy vs sell volume for March 31, 2022

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

Regime Context

A -1.7σ day — selling pressure exceeded the typical bull-regime flow (-386 BTC) by a notable margin.

Patterns: bull whale-activity us-dominated

Related Days

Days with similar flow patterns and market conditions.

Apr 14, 2021BULL
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Jul 27, 2021BULL
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Jul 30, 2021BULL
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Aug 01, 2021BULL
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Aug 06, 2021BULL
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