Cohesive subgraph mining in bipartite graphs becomes a popular research topic recently. An important structure k-bitruss is the maximal cohesive subgraph where each edge is contained in at least k butterflies (i.e., (2, 2)-bicliques). In this paper, we study the bitruss decomposition problem which aims to find all the k-bitrusses for k >= 0. The existing bottom-up techniques need to iteratively peel the edges with the lowest butterfly support. In this peeling process, these techniques are time-consuming to enumerate all the supporting butterflies for each edge. To relax this issue, we first propose a novel online index -- the BE-Index which compresses butterflies into k-blooms (i.e., (2, k)-bicliques). Based on the BE-Index, the new bitruss decomposition algorithm BiT-BU is proposed, along with two batch-based optimizations, to accomplish the butterfly enumeration of the peeling process in an efficient way. Furthermore, the BiT-PC algorithm is devised which is more efficient against handling the edges with high butterfly supports. We theoretically show that our new algorithms significantly reduce the time complexities of the existing algorithms. Also, we conduct extensive experiments on real datasets and the result demonstrates that our new techniques can speed up the state-of-the-art techniques by up to two orders of magnitude.