Open
$66,074
Close
$66,823
Return
+1.13%
Net Flow
+2,811 BTC
Volume
53,060 BTC
Buy/Sell Ratio
1.11

Summary

Bitcoin closed at $66,823 on March 07, 2024 after edged higher (1.13%). Aggressor-side flow netted +2,811 BTC, favoring buyers.

BTC price and volume for March 07, 2024

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

15 bars of outsized trades (peak 7.5σ) appeared between 02:09–21:54 UTC, with whale flow netting 171 BTC of selling.

Flow and price moved in lockstep (correlation: 0.88). Aggressor-side buying translated directly into price movement with minimal resistance.

Cumulative flow vs return for March 07, 2024

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 Europe session posted the largest move. Full breakdown: Asia +0.47%, Europe +0.78%, US -0.12%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.47% 1393 BTC 50%
Europe 08:00 - 14:00 0.78% 430 BTC 15%
US 14:00 - 00:00 -0.12% 988 BTC 35%
Buy vs sell volume for March 07, 2024

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

Regime Context

Net flow of +2,811 BTC was elevated at +1.7σ vs the bull-regime average of -386 BTC.

Patterns: bull whale-activity

Related Days

Days with similar flow patterns and market conditions.

Apr 04, 2021BULL
+2.02%
whale-activity flow-reversal regime-start
Apr 05, 2021BULL
+1.59%
whale-activity flow-reversal regime-start
Apr 06, 2021BULL
-1.93%
whale-activity flow-reversal regime-start
Apr 07, 2021BULL
-3.51%
whale-activity europe-dominated
Apr 10, 2021BULL
+2.80%
whale-activity flow-reversal asia-dominated

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