Open
$66,677
Close
$66,504
Return
-0.26%
Net Flow
+48 BTC
Volume
27,386 BTC
Buy/Sell Ratio
1.00

Summary

Bitcoin went nowhere on Monday, June 17, 2024, closing at $66,504 as buyers controlled aggregate flow with 48 BTC of net pressure.

BTC price and volume for June 17, 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

Sustained large-player buying throughout the day. 22 bars with trade sizes 3σ+ above normal (peak: 5.7σ), spread across 07:27–23:45 UTC. The 48 BTC of whale flow reinforced the day's buying bias.

Flow reversed midday. The first 12 hours belonged to sellers (-273 BTC), but buyers erased that and then some (+321 BTC) in the back half.

Cumulative flow vs return for June 17, 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

Session returns: Asia -0.76%, Europe -1.47%, US +2.00%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -0.76% -181 BTC 22%
Europe 08:00 - 14:00 -1.47% -211 BTC 25%
US 14:00 - 00:00 2.00% 440 BTC 53%
Buy vs sell volume for June 17, 2024

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

Regime Context

In retrospect, the bull regime was ending. CHOP conditions were 0 day(s) away.

Patterns: bull whale-activity flow-reversal regime-end

Related Days

Days with similar flow patterns and market conditions.

Apr 14, 2021BULL
-0.97%
whale-activity flow-reversal us-dominated regime-end
Apr 15, 2021BULL
+0.32%
whale-activity flow-reversal regime-end
Sep 03, 2021BULL
+1.53%
whale-activity flow-reversal regime-end flow-streak
Sep 06, 2021BULL
+1.75%
whale-activity flow-reversal regime-end
Nov 11, 2021BULL
-0.17%
whale-activity flow-divergence flow-reversal regime-end flow-streak

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