BTC Flow Analysis — February 01, 2024 CHOP
Thursday · Minute-level BTC order flow from Binance · 1,392,269 trades
Summary
Bitcoin edged higher (+1.18%) on Thursday, February 01, 2024, closing at $43,083 as buyers controlled aggregate flow with 1,039 BTC of net pressure.
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
Large-player activity detected: 24 bars with trade sizes 3σ+ above normal (peak: 11.9σ) between 00:50–20:58 UTC. Whale flow netted 202 BTC of selling.
This was day 4 of consecutive net buying. Multi-day streaks reflect sustained conviction, not noise.
Flow and price moved in lockstep (correlation: 0.81). Aggressor-side buying 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
Session returns: Asia -0.92%, Europe +0.07%, US +2.04%. US led the move.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.92% | 121 BTC | 12% |
| Europe | 08:00 - 14:00 | 0.07% | 474 BTC | 46% |
| US | 14:00 - 00:00 | 2.04% | 443 BTC | 43% |
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 chop-regime day. The +1.18% return was consistent with the period's average of +0.10%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard