Open
$20,830
Close
$21,196
Return
+1.75%
Net Flow
+1,439 BTC
Volume
121,012 BTC
Buy/Sell Ratio
1.02

Summary

On Saturday, July 16, 2022, Bitcoin edged higher (+1.75%) to $21,196. Net flow: +1,439 BTC — buyers had the edge.

BTC price and volume for July 16, 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 buying throughout the day. 27 bars with trade sizes 3σ+ above normal (peak: 8.3σ), spread across 00:33–23:31 UTC. The 694 BTC of whale flow reinforced the day's buying bias.

Flow and price moved in lockstep (correlation: 0.98). Aggressor-side buying translated directly into price movement with minimal resistance.

Cumulative flow vs return for July 16, 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 65% of the net flow (1,466 BTC buying).

Morning and afternoon traded like two different markets. Sellers led early (-373 BTC), buyers dominated late (+1,812 BTC).

Across sessions: Asia -1.36%, Europe +1.43%, US +1.71% — with US doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -1.36% -412 BTC 18%
Europe 08:00 - 14:00 1.43% 386 BTC 17%
US 14:00 - 00:00 1.71% 1466 BTC 65%
Buy vs sell volume for July 16, 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 market was 3 day(s) into a new chop regime, having transitioned from bear. Early-regime days often carry residual momentum from the prior period.

Patterns: chop whale-activity flow-reversal us-dominated regime-start regime-end

Related Days

Days with similar flow patterns and market conditions.

May 10, 2021CHOP
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Jun 09, 2022CHOP
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Jun 20, 2023CHOP
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Oct 28, 2024CHOP
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Mar 05, 2021CHOP
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