BTC Flow Analysis — February 16, 2024 BULL
Friday · Minute-level BTC order flow from Binance · 1,583,711 trades
Summary
Bitcoin closed at $52,124 on February 16, 2024 after ground out a 0.47% gain. Aggressor-side flow netted -1,152 BTC, favoring sellers.
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. 11 bars of outsized trades (7.2σ peak) from 00:12–23:44 UTC, adding 268 BTC of selling pressure on top of the broader selling flow.
The day split in half. Sellers controlled the first 12 hours (-1,254 BTC), then buyers took over (+102 BTC). The reversal changed the character of the day.
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 Asia session drove 88% of the day's directional flow, with 1,219 BTC of net selling. The other two sessions were comparatively quiet.
The Europe session posted the largest move. Full breakdown: Asia -0.29%, Europe +1.41%, US -0.65%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -0.29% | -1219 BTC | 88% |
| Europe | 08:00 - 14:00 | 1.41% | -50 BTC | 4% |
| US | 14:00 - 00:00 | -0.65% | 116 BTC | 8% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
This day sat within a bull regime. The +0.47% return tracked the regime 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