BTC Flow Analysis — October 07, 2022 CHOP
Friday · Minute-level BTC order flow from Binance · 4,324,772 trades
Summary
October 07, 2022: Bitcoin lost 2.2%. The 1,274 BTC of net selling flow at $19,530 told a clear story — sellers were in charge.
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
Someone was moving size. 10 bars between 03:21–21:39 UTC registered trade sizes 3σ+ above normal (peak: 6.0σ), pushing 99 BTC net selling.
Price followed flow faithfully (correlation: 0.94). 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
Most of the action happened during Europe hours, which accounted for 67% of the day's net flow (956 BTC selling). The rest of the day was a footnote.
A tale of two halves — buyers pushed 118 BTC through the morning, then sellers flipped the script with 1,391 BTC in the afternoon.
Breaking it down by session: Asia -0.16%, Europe -1.62%, US -0.38%. Europe stood out.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.16% | 81 BTC | 6% |
| Europe | 08:00 - 14:00 | -1.62% | -956 BTC | 67% |
| US | 14:00 - 00:00 | -0.38% | -399 BTC | 28% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Among the final days of this chop period. Within 2 day(s), the market would flip to bear.
Related Days
Days with similar flow patterns and market conditions.
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