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Bitcoin Hits Lowest Level Since FTX Collapse: Critical Index Signals Capitulation at 19.9
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Bitcoin's cycle index has dropped to 19.9, its lowest since the FTX collapse, suggesting the market is nearing a capitulation phase. Analysts warn of continued downward pressure.
Bitcoin's cycle index has dropped to 19.9, its lowest since the FTX collapse, suggesting the market is nearing a capitulation phase. Analysts warn of continued downward pressure.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Bitcoin's cycle index at 19.9 signals potential capitulation, indicating a bearish sentiment shift and possible price decline.
BTC OVERALL MARKET INDEX: 35 / 100 (BEARISH)
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