Matrixport posted on social media that two weeks ago, we noticed that the Matrixporr Greed and Panic Index had fallen to its lowest possible level. Today, the 21-day moving average is trending upward, which historically usually indicates key lows for Bitcoin. Whether this recovery is sustainable remains to be seen, as there are still multiple risk factors that could affect the price of Bitcoin. However, the reversal of this indicator suggests that Bitcoin may be headed for a more positive period after its recent decline.