Sam Price Says The Bottom Is In. The Targets Are Not Close.
Sam Price sat with Michelle Makori on The Real Story and treated the recent Bitcoin washout as a completed low, not the start of another bear market. He bought Bitcoin around $900, called the 2022 bottom in public near $19,000, and says the same signals showed up again after the drop toward $57,000. At the time of the recording Bitcoin was around $83,000 to $84,000.
“Big picture is that it did bottom around that $60,000 level.”
His read is a weekly bullish divergence. Price makes a lower low. The RSI makes a higher low. Selling, in his telling, has reached its limit. He also cites a monthly double bottom, a hidden bullish divergence, the 200 week moving average, and a Fibonacci retracement that stopped at the 0.618 instead of the 0.786 because institutions were buying. A signal he calls the sacred green R, which he says shows up about every four and a half years, printed and then the market went sideways for about ten weeks while people stopped listening.
“There is your sacred green R right there. It only comes out every four and a half years. When that came out, I told everyone I knew.”
From here he allows a break of $82,000 support, maybe $75,000, maybe $69,000 if you are lucky. Those, he said, are the lows before $93,000, $96,000, and a break of $100,000. The longer map is about $175,000 by 2029, with a 2028 halving and ETF demand in the path, and a potential $1 million Bitcoin by 2035. AI and tokenization are the narrative layer. The floor under all of it is money printing.
Gold is the call he already cashed. In 2021, with gold near $1,800, he mapped a cup and handle and projected a break above $3,000. It happened. He still sees another major move, with $5,000 on the title card of the episode, and he expects the Fed to drift back toward lower rates once the liquidity debate turns. He holds gold, silver, and Bitcoin as the alternatives to fiat.
Silver is the stretch target. A setup he calls a secret Fibonacci points, on his chart, toward $168, with a chapter on the tape labeled triple digit silver. He does not treat that as this month’s trade. It sits on the same debasement thesis as the gold cup and handle and the Bitcoin cycle.
What breaks the thesis, he told Makori, is the part worth watching. If the divergences fail, if support at $82,000 gives way and does not hold the lower Fibs, or if the dollar and yields stop confirming currency debasement, the map comes off the wall.
Until then his position is simple. The bottom he was early on in 2022 just printed again. The numbers on the other side are $5,000 gold, $168 silver, and a Bitcoin path that does not stop at six figures.
