Open
$37,447
Close
$37,243
Return
-0.55%
Net Flow
-1,084 BTC
Volume
30,001 BTC
Buy/Sell Ratio
0.93

Summary

On Monday, November 27, 2023, Bitcoin drifted lower (-0.55%) to $37,243. Net flow: -1,084 BTC — sellers had the edge.

BTC price and volume for November 27, 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

The big players were active all day. 22 bars of outsized trades (6.8σ peak) from 03:37–17:35 UTC, adding 232 BTC of selling pressure on top of the broader selling flow.

This was day 3 of consecutive net selling. Multi-day streaks reflect sustained conviction, not noise.

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 27, 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

Strip out Asia and the day would look flat. That session alone contributed 64% of the net flow (704 BTC selling).

Across sessions: Asia -0.44%, Europe -0.89%, US +0.79% — with Europe doing the heavy lifting.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.44% -704 BTC 64%
Europe 08:00 - 14:00 -0.89% -387 BTC 35%
US 14:00 - 00:00 0.79% 7 BTC 1%
Buy vs sell volume for November 27, 2023

Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.

Regime Context

The market was 3 day(s) into a new bull regime, having transitioned from chop. Early-regime days often carry residual momentum from the prior period.

Patterns: bull whale-activity asia-dominated regime-start flow-streak

Related Days

Days with similar flow patterns and market conditions.

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Apr 27, 2025BULL
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May 13, 2021BEAR
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