Bitcoin Has Shown No Signs of Capitulation Since July 2024
The Market Capitulation Index (0–3) tracks potential capitulation events by combining three stress signals:
Hash Capitulation: hash rate drops >30% within 30 days
Price Capitulation: drawdown >50%
Supply Capitulation: 7-day active supply >15%
Each trigger contributes 1 point. Scores of 2–3 signal severe market stress and potential capitulation, while 0–1 indicate normal market conditions. This index helps spot major market bottoms and periods of extreme selling pressure.
Source: app.alphractal
