BTC Flow Analysis — November 18, 2022 BEAR
Friday · Minute-level BTC order flow from Binance · 5,114,799 trades
Summary
On Friday, November 18, 2022, Bitcoin traded flat to $16,700. Net flow: -1,491 BTC — sellers had the edge.
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. 15 bars with trade sizes 3σ+ above normal (peak: 6.2σ), spread across 00:10–17:08 UTC. The 130 BTC of whale flow reinforced the day's selling bias.
This was day 7 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.
Flow and price moved in lockstep (correlation: 0.90). Aggressor-side selling translated directly into price movement with minimal resistance.
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 72% of the net flow (1,068 BTC selling).
No single session dominated price action: Asia +0.31%, Europe +0.04%, US -0.31%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.31% | -64 BTC | 4% |
| Europe | 08:00 - 14:00 | 0.04% | -359 BTC | 24% |
| US | 14:00 - 00:00 | -0.31% | -1068 BTC | 72% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Market conditions were bear — and this day didn't deviate. A +0.05% return against a regime average of -0.27%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard