Reggie Update and Conclusion

Update and Conclusion: 14 days into the Reggie signals that fired on Oct 2 for BTC. Using a spot reference price of $61,948, highest maximum move registered since is $67,937 or 9.95% and higher at the time of writing this with room to run. We are now 12 days into Reggie signals for ETH that fired on October 4. Using a spot reference rate of 2355, highest maximum move since is $2,680 or 13.95% and higher by 10.65 at the time of writing this at $2,606, also with room to run.

BTC price range since Reggie model firing Oct 2: Source - InvestDEFY

ETH price range since Reggie model firing Oct 4 – Source InvestDEFY

Conclusion: The Reggie model performed right in line with its stated objective, to predict trend strength over the following 2 weeks when the model fires. To recap, Direction for both BTC and ETH upon signal firing was not obvious nor offering signs or recognition for an early setup which gave way to a neutral bias. Given the high correlation between corresponding forward underlying move and number of signals fired, all signs were pointing to a meaningful expansion in underlying price one way or another. Stay tuned for new additional models to be announced soon.