Open
$16,701
Close
$16,280
Return
-2.52%
Net Flow
-2,924 BTC
Volume
154,842 BTC
Buy/Sell Ratio
0.96

Summary

Bitcoin closed at $16,280 on November 20, 2022 after sold off 2.5%. Aggressor-side flow netted -2,924 BTC, favoring sellers.

BTC price and volume for November 20, 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. 38 bars with trade sizes 3σ+ above normal (peak: 7.7σ), spread across 01:57–23:39 UTC. The 2,102 BTC of whale flow reinforced the day's selling bias.

Day 9 of unbroken net selling. The market had a directional lean and wasn't letting go.

Flow and price moved in lockstep (correlation: 0.87). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for November 20, 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

The US session posted the largest move. Full breakdown: Asia +0.13%, Europe -0.82%, US -1.83%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.13% -245 BTC 8%
Europe 08:00 - 14:00 -0.82% -1608 BTC 55%
US 14:00 - 00:00 -1.83% -1071 BTC 37%
Buy vs sell volume for November 20, 2022

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 -2.52% return against a regime average of -0.27%.

Patterns: bear whale-activity flow-streak

Related Days

Days with similar flow patterns and market conditions.

Apr 25, 2021BEAR
-1.96%
whale-activity us-dominated regime-start flow-streak
May 03, 2021BEAR
+1.04%
whale-activity flow-reversal us-dominated flow-streak
May 04, 2021BEAR
-6.94%
whale-activity flow-streak
May 08, 2021BEAR
+2.70%
whale-activity flow-reversal us-dominated regime-end flow-streak
May 12, 2021BEAR
-12.42%
whale-activity flow-reversal us-dominated outlier-return regime-start high-volatility flow-streak

Explore this day's minute-level flow data interactively on the dashboard.

Open Dashboard