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

Bitcoin is testing a roughly $68 billion breakeven wall that has repeatedly stalled its push back above $80,000. About 880,000 BTC carry a cost basis between roughly $77,500 and $80,300, leaving a large group of holders close to where they originally bought, Bitfinex Alpha data…