Open
$28,034
Close
$27,906
Return
-0.45%
Net Flow
-796 BTC
Volume
24,762 BTC
Buy/Sell Ratio
0.94

Summary

April 07, 2023: Bitcoin drifted lower (-0.45%). The 796 BTC of net selling flow at $27,906 told a clear story — sellers were in charge.

BTC price and volume for April 07, 2023

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

32 bars of outsized trades (peak 9.1σ) appeared between 00:24–23:06 UTC, with whale flow netting 146 BTC of buying.

Flow and price moved in lockstep (correlation: 0.83). Aggressor-side selling translated directly into price movement with minimal resistance.

Cumulative flow vs return for April 07, 2023

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

A tale of two halves — sellers pushed 829 BTC through the morning, then buyers flipped the script with 33 BTC in the afternoon.

Breaking it down by session: Asia -0.69%, Europe +0.21%, US +0.03%. Asia stood out.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.69% -427 BTC 54%
Europe 08:00 - 14:00 0.21% -213 BTC 27%
US 14:00 - 00:00 0.03% -156 BTC 20%
Buy vs sell volume for April 07, 2023

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 bull — and this day didn't deviate. A -0.45% return against a regime average of +0.34%.

Patterns: bull whale-activity flow-reversal

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
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Apr 05, 2021BULL
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Apr 06, 2021BULL
-1.93%
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Apr 10, 2021BULL
+2.80%
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Apr 11, 2021BULL
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