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Northline
🚨 BTC IS STUCK NEAR $83K — BUT LTH STRESS HAS EASED.
Adjusted MVRV recovered to 1.35 after hitting 0.94 on June 30 — the only sub-1 reading this cycle.
BTC now trades ~35% above the LTH realized price of ~$62.7K.
The interesting part: the stress reset without a full capitulation.
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