Recently, Alex Becker released a viral video discussing the potential for growth in the crypto market this May and presenting his coin recommendations.
Why Crypto Could Surge in May
In his fast-paced style, Becker points to several factors that might cause a significant crypto rally. He notes that institutions and wealthy individuals are quietly accumulating large volumes of Bitcoin and Ethereum.
On-chain data reveals whales buying crypto in billion-dollar chunks, while retail investors largely remain on the sidelines; Becker believes this signals that the true bull market hasn’t started yet. He draws comparisons between current market conditions and those prior to the 2020 bull market, noting similar patterns of multiple mini-rallies followed by steep declines, suggesting much of what we have seen is speculative noise rather than an actual bull market.
When discussing market timing, Becker describes fear-driven dips as "manufactured dumps" aimed at shaking out weak hands. He suggests mainstream media alarms scare off retail investors while institutions strategically accumulate positions.
Becker's Top Coin Picks
For safer bets, Becker highlights several major cryptocurrencies. Ethereum could see a 3-4x increase, making it a "sure bet" even if it does not deliver the most dramatic gains.
He estimates Bitcoin might reach $150,000-$200,000. Solana has an estimated potential for a 5x increase, fueled by a meme coin ecosystem built on its blockchain. Cardano, which Becker reveals is his largest holding, could reach $4-$5, potentially delivering 5-10x returns. He also believes Avalanche will emerge as a leader in crypto gaming, possibly reaching $100-$200 if market conditions are bullish.
Investment Strategy and Exit Plan
For investors with a higher risk tolerance, Becker mentions Sui, admitting he doesn’t fully understand it but thinks hype might drive its price up. He includes Ondo, which operates in the Real-World Assets sector, on his list. Dogecoin could see a revival through hype cycles, while meme coins in general might deliver explosive 20-30x returns before inevitably crashing.
Regarding strategy, Becker recommends buying altcoins when fear is high, particularly during dips. He notes that when Ethereum hits a new all-time high, altcoins typically exhibit their most dramatic price movements. For exit strategy, he advises holding altcoins until Ethereum reaches new heights, after which investors might see significant returns before a major correction. Becker expects this cycle to resemble the explosive altcoin surges of 2021.
Alex Becker emphasizes the importance of careful market analysis and proposes strategies for crypto investment amid uncertainty, based on current market trends.
