Liquid Capital’s JackYi Sees Two Paths for Bitcoin After Rate-Hike Expectations

JackYi's framing is notable less for its price levels than for the conditional structure: it treats the rate decision as the sole swing factor between a drawdown-and-recovery path and continued upside, which is a trader's binary rather than a durable thesis. The more substantive signal is his emphasis on unlevered spot exposure and his flagging of trading infrastructure and on-chain IPOs as the next opportunity set — a rotation argument toward market plumbing and tokenized equity issuance rather than the asset itself. Whether that infrastructure narrative gains traction independently of bitcoin's rate-driven path is the open question.