In a significant development for the blockchain industry, the Bitcoin reserve of exchanges has hit a three-year low, currently standing at approximately 2.95K. A comprehensive analysis of the past three years' data reveals a consistent pattern: a decrease in Bitcoin reserves on exchanges often signals the onset of a medium-term price increase. This pattern has been observed three times in the past three years, suggesting a possible bullish trend for Bitcoin in the near future. This analysis, provided by CryptoOnchain, offers an optimistic outlook for the market, reinforcing the potential of blockchain technology and its impact on the financial landscape.