• Bitcoin exchange reserves drop to 2.4 million BTC, signaling a potential major price surge.
• Institutional holders withdrawing coins creates scarcity, boosting the likelihood of an upside breakout above $110K.
• Imminent death cross and ETF inflows strengthen bullish outlook for BTC in 2025.

Bitcoin’s strong signs of a possible major upturn appear as exchange reserves dwindle to multi-year lows. Institutional holders began moving their coins out of exchanges, thus resulting in a scarce supply in the market, which might set the stage for a major upside breakout in Bitcoin’s value, as suggested by experts.

Bitcoin Exchange Reserves Signal Major Rally

Crypto analyst Crypto Patel has highlighted an important trend in Bitcoin’s market dynamics. As per Crypto Patel, Bitcoin exchange reserves have attained a multi-year low, having only about 2.4 million Bitcoin left in exchanges.

This is a fall of 14% in the YTD, indicating large holders have been removing money from exchanges at a pace that reminds analysts of BTC’s conditions in 2020. In most instances, low levels of reserves in exchanges indicated large BTC rallies, which in most cases exceeded 150% in several months that followed.

Meanwhile, as Patel pointed out, together with more inflows into ETFs and Accumulation at an off-market level, it appears that $100,000 continues to be a strong support zone for Bitcoin’s current trend in the market. As long as Exchange Reserves remain below 2.5 million, a strong upside trend for BTC is imminent, pushing it past $110,000 even.

Also Read | Bitcoin Price Outlook: $100K–$108K Range Signals Potential Bottom

Bitcoin Death Cross Signals Major Rally

Adding to this outlook, another analyst, Ash Crypto, pointed out that a death cross is imminent. A death cross is formed when the moving averages of the 50-day fall below those of the 200-day, which is known to signal market bottoms in past instances. For the three previous death crosses, Bitcoin’s low has been reached in a week, followed by a rise to a new all-time high.

The mix of declining exchange reserves, upcoming ETF inflows, as well as a possible death cross has led to renewed hopes for the crypto community. Now, everyone is taking up an age-old question: Can BTC breach an all-time high in 2025?

At press time, BTC is trading at $102,956, with a 24-hour trading volume of $102.99 billion and a market capitalization of $2.06 trillion. Over the past 24 hours, BTC has seen a slight pullback of 2.19%, but analysts suggest this dip could be temporary amid longer-term bullish signals.

Given that supply is going down and market signals appear to be going more bullish, BTC appears to be positioning itself for what could be one of its biggest rallies in recent years, making it an asset to keep an eye on for the rest of the year 2025.

Also Read | China Accuses U.S. of Seizing $13 Billion in Stolen Bitcoin