BTC Flow Analysis — March 31, 2023 BULL
Friday · Minute-level BTC order flow from Binance · 1,537,349 trades
Summary
On Friday, March 31, 2023, Bitcoin ground out a +1.56% gain to $28,465. Net flow: +1,075 BTC — buyers 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
The big players were active all day. 22 bars of outsized trades (7.9σ peak) from 01:39–19:50 UTC, adding 584 BTC of buying pressure on top of the broader buying flow.
A clean, flow-driven day. The 0.87 correlation between cumulative flow and price means buying pressure was the dominant force — no hidden passive flow muddying the signal.
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
Morning and afternoon traded like two different markets. Sellers led early (-764 BTC), buyers dominated late (+1,839 BTC).
Across sessions: Asia -1.03%, Europe +2.28%, US +0.33% — with Europe doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -1.03% | -526 BTC | 25% |
| Europe | 08:00 - 14:00 | 2.28% | 604 BTC | 28% |
| US | 14:00 - 00:00 | 0.33% | 997 BTC | 47% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Nothing unusual for a bull-regime day. The +1.56% return was consistent with the period's average of +0.34%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard