Open
$46,580
Close
$45,498
Return
-2.32%
Net Flow
-978 BTC
Volume
42,193 BTC
Buy/Sell Ratio
0.95

Summary

On Tuesday, April 05, 2022, Bitcoin lost 2.3% to $45,498. Net flow: -978 BTC — sellers had the edge.

BTC price and volume for April 05, 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

Sustained large-player selling throughout the day. 31 bars with trade sizes 3σ+ above normal (peak: 8.7σ), spread across 00:55–23:27 UTC. The 53 BTC of whale flow reinforced the day's selling bias.

Price followed flow faithfully (correlation: 0.86). 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 April 05, 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 91% of the net flow (1,084 BTC selling).

Morning and afternoon traded like two different markets. Buyers led early (+101 BTC), sellers dominated late (-1,079 BTC).

Across sessions: Asia +0.28%, Europe -0.61%, US -2.00% — with US doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.28% -2 BTC 0%
Europe 08:00 - 14:00 -0.61% 108 BTC 9%
US 14:00 - 00:00 -2.00% -1084 BTC 91%
Buy vs sell volume for April 05, 2022

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

Regime Context

The bull regime was running out of road — 2 day(s) before the market shifted to chop. The transition was already underway in hindsight.

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

Related Days

Days with similar flow patterns and market conditions.

Apr 14, 2021BULL
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Aug 18, 2022BULL
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Feb 08, 2023BULL
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Jan 12, 2024BULL
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Jun 02, 2024BULL
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