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On Thursday, BTC dropped from $111,390 (EU open) → $106,000 (end of U.S. session) Then bounced back to $109,000 right after CME close. Selling pressure was heavily concentrated during U.S. trading hours.
Session flows tell the story:</p>
<p>For example: On Thursday, BTC dropped from $111,390 (EU open) → $106,000 (end of U.S. session)</p>
<p>Then bounced back to $109,000 right after CME close.</p>
<p>Selling pressure was heavily concentrated during U.S. trading hours.