Open
$98,587
Close
$96,946
Return
-1.67%
Net Flow
+2,548 BTC
Volume
109,922 BTC
Buy/Sell Ratio
1.05

Summary

Bitcoin drifted lower (-1.67%) on Thursday, December 05, 2024, closing at $96,946 as buyers controlled aggregate flow with 2,548 BTC of net pressure.

BTC price and volume for December 05, 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

The big players were active all day. 17 bars of outsized trades (8.0σ peak) from 00:58–18:54 UTC, adding 696 BTC of buying pressure on top of the broader buying flow.

Flow reversed midday. The first 12 hours belonged to buyers (+4,422 BTC), but sellers erased that and then some (-1,874 BTC) in the back half.

The 13.8% intraday range ($90,500 – $104,088) tells the story of a market in flux. Both sides had their moments.

Cumulative flow vs return for December 05, 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 +3.70%, Europe +0.51%, US -5.65%. US led the move.

Session Hours (UTC) Return Net Flow Flow Share
Asia 00:00 - 08:00 3.70% 3354 BTC 52%
Europe 08:00 - 14:00 0.51% 1124 BTC 18%
US 14:00 - 00:00 -5.65% -1930 BTC 30%
Buy vs sell volume for December 05, 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 +2,548 BTC was elevated at +1.5σ vs the bull-regime average of -386 BTC.

Patterns: bull whale-activity flow-reversal high-volatility

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