Open
$54,161
Close
$54,870
Return
+1.31%
Net Flow
-211 BTC
Volume
16,274 BTC
Buy/Sell Ratio
0.97

Summary

Bitcoin edged higher (+1.31%) on Sunday, September 08, 2024, closing at $54,870 as sellers controlled aggregate flow with 211 BTC of net pressure.

BTC price and volume for September 08, 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

17 bars of outsized trades (peak 7.3σ) appeared between 00:44–23:33 UTC, with whale flow netting 13 BTC of buying.

Cumulative flow vs return for September 08, 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

Europe traders set the tone. 69% of directional flow — 198 BTC of selling — came from that single session.

Session returns: Asia +0.51%, Europe -0.07%, US +0.87%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 0.51% 39 BTC 14%
Europe 08:00 - 14:00 -0.07% -198 BTC 69%
US 14:00 - 00:00 0.87% -51 BTC 18%
Buy vs sell volume for September 08, 2024

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

Regime Context

This was near the start of a bear regime (day 2), with the chop regime barely in the rearview mirror.

The selling streak extended to 14 days. Streaks this long suggest a structural flow, not just intraday traders flipping positions.

Patterns: bear whale-activity europe-dominated regime-start flow-streak

Related Days

Days with similar flow patterns and market conditions.

Jun 20, 2021BEAR
+0.33%
whale-activity flow-reversal europe-dominated regime-start flow-streak
Jul 15, 2021BEAR
-2.86%
whale-activity europe-dominated regime-start flow-streak
Jun 25, 2024BEAR
+2.51%
whale-activity flow-divergence europe-dominated regime-start flow-streak
May 09, 2021CHOP
-1.06%
whale-activity europe-dominated regime-start regime-end flow-streak
Jul 04, 2021CHOP
+1.78%
whale-activity flow-divergence europe-dominated regime-start flow-streak

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