Open
$64,724
Close
$65,044
Return
+0.49%
Net Flow
+660 BTC
Volume
42,531 BTC
Buy/Sell Ratio
1.03

Summary

Bitcoin closed at $65,044 on July 16, 2024 after ticked up 0.49%. Aggressor-side flow netted +660 BTC, favoring buyers.

BTC price and volume for July 16, 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

Large-player activity detected: 18 bars with trade sizes 3σ+ above normal (peak: 4.5σ) between 00:40–23:23 UTC. Whale flow netted 80 BTC of selling.

Price followed flow faithfully (correlation: 0.91). When you see this level of alignment, it means one side is in control and the other isn't even fighting.

Cumulative flow vs return for July 16, 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 Asia session posted the largest move. Full breakdown: Asia -2.83%, Europe +0.83%, US +2.56%.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 -2.83% -227 BTC 20%
Europe 08:00 - 14:00 0.83% 304 BTC 27%
US 14:00 - 00:00 2.56% 583 BTC 52%
Buy vs sell volume for July 16, 2024

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 chop regime, having transitioned from bear. Early-regime days often carry residual momentum from the prior period.

Patterns: chop whale-activity regime-start

Related Days

Days with similar flow patterns and market conditions.

Mar 05, 2021CHOP
+2.40%
whale-activity flow-reversal us-dominated regime-start
Mar 07, 2021CHOP
+4.27%
whale-activity asia-dominated regime-start
Apr 18, 2021CHOP
-6.43%
extreme-flow whale-activity outlier-return regime-start high-volatility flow-streak
Apr 19, 2021CHOP
-0.92%
whale-activity regime-start flow-streak
Apr 20, 2021CHOP
+1.42%
whale-activity flow-divergence regime-start flow-streak

Explore this day's minute-level flow data interactively on the dashboard.

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