Bitcoin cannot break out past $80,000 until it devours an 880k BTC roadblock that choked every rally

On-chain data shows roughly 880,000 BTC concentrated at price levels below $80,000, creating a persistent supply wall that has throttled every recent rally. Until that clustered supply is absorbed by sustained buying, attempts to push BTC above $80k are likely to face heavy selling and stall. The key implication is that Bitcoin’s near-term upside is capped and will require significantly stronger demand or a supply shock to produce a clean breakout.