Odaily Planet Daily reported on November 11, 2026, at 21:13 (UTC+8), that QCP Capital had published a macro market analysis. In that note, QCP said a fall in oil could ease pressure for further rate increases, while the Iran situation and central-bank policy remained uncertain. The same note recorded a Bitcoin purchase by Strategy and several days of net outflows from Bitcoin spot ETFs. The points below restate that November 11 report. They are not new developments.
Oil and the pause on strikes
QCP said Trump had suspended a new round of military strikes on Iran but would continue a blockade. After meeting Qatar’s prime minister on November 9, 2026, Trump said military operations would be temporarily paused. QCP said the two sides still differed widely and had not reached an agreement.
Brent crude settled at $92.57 a barrel, down 5.85% on the day, and then fell further. QCP said the price was about 18% below its October 30, 2026 level.
Central-bank decisions in the note
QCP reported these policy outcomes:
- The Reserve Bank of Australia raised its policy rate to 4.85% on a 6-to-3 vote and removed guidance that it would raise rates further if necessary.
- The Bank of England raised its policy rate to 4% on an 8-to-1 vote.
- The Bank of Canada and the Bank of Japan left rates unchanged. Market pricing for rates in both countries was revised down.
- Canadian employment fell by 4,700, against a market expectation for a gain of 14,000. Japan’s Nikkei 225 fell 6%, and the yield on Japan’s two-year government bond fell 12.8 basis points.
U.S. election result and planned data centers
QCP said Democrats had won both houses of Congress and five governorships. It estimated that 59% of data-center capacity then planned in the United States would face new restrictions or a higher approval threshold. The note does not link that estimate to Bitcoin.
Bitcoin amounts QCP reported
QCP said Strategy bought 1,036 BTC for $81.9 million and repurchased $188.3 million of STRC preferred stock. It described the repurchase as about 2.3 times the Bitcoin purchase outlay. Funding sources included the sale of $283.8 million of MSTR stock.
From November 2 to November 6, 2026, Bitcoin spot ETFs had a cumulative net outflow of $1.2324 billion, according to the same note.
The conditional question QCP left open
QCP did not give a Bitcoin price forecast. As of the November 11, 2026 note, it said the key question markets needed to watch next was whether lower oil prices would continue to ease rate-hike pressure, or whether stalled Iran negotiations would push inflation risk up again and lead the Bank of Canada and the Bank of England to resume rate increases first.
That question belongs to QCP. The note supplies the oil move, the rate votes and levels, Strategy’s purchase and preferred-stock repurchase, and the ETF outflow. It does not state a path from those facts to a Bitcoin return, a time horizon, or a probability. The condition QCP itself identified as capable of reversing the easier-policy reading was a renewed inflation risk from stalled Iran talks, with Canada and Britain raising rates again. Neither outcome is reported here as having occurred.
Odaily Planet Daily news flash, November 11, 2026, 21:13 (UTC+8)
