The "Volume Flow Indicator" (VFI) is a volume indicator type oscillator created by [Markos Katsanos](http://www.mkatsanos.com/VFI.html) and based on the "On Balance Volume" indicator which basically differentiates  between BULLISH and BEARISH states of the market.

- When VFI is above zero this denotes a bullish condition. (Trend definition)
- When VFI is below zero this denotes a bearish condition. (Trend definition)

As you can see below, the last BEARISH market matches with the VFI bearish condition pretty well.

   ![](https://cdn.steemitimages.com/DQmRioZ2muP9YKmjVKQbacoWfdC1XFMQRsnkF8yTPMJRm3a/image.png)

In the current situation, VFI is showing a breakout of the "0" line, moving from negative to positive value. This would mean a "reversal" condition but I would expect more "hesitating" movements around the "0" line first in order to close the "Consolidation" phase.

![](https://cdn.steemitimages.com/DQmfXnid21yFbQzkcXRrZq3g8ZffgF6Q5vAxYaHuH38Eus1/image.png)

However, it is indeed a good new because it is the first time that BITCOIN is reaching a positive status on this worthy indicator  since March 2019.

Slowly but surely all the signals are becoming more and more positive, including news and  positive posts about so, I think we are really very very close to confirm the reversal.

@toofasteddie

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**Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself  is responsible of any of your profit/losses obtained as a result of this information.*

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