December 18th Major Events/BTC Analysis

Today's Major Events

1. Biden supports banning Congress members from trading stocks

2. BlackRock releases a 3-minute educational video on Bitcoin

3. OpenAI opens full-strength O1 model API, costs down by 60%

4. Trump has secured enough electoral votes to officially win the presidency

5. For the first time since early 2023, BTC-EUR market share surpasses BTC-JPY

6. Ohio House of Representatives submits a bill to establish a strategic Bitcoin reserve

7. Trump meets with the CEO of Crypto.com to discuss personnel appointments in the crypto industry

8. European Securities and Markets Authority releases final guidelines for implementing MiCA crypto regulations

9. Stablecoin infrastructure BVNK completes $50 million Series B funding led by Haun Ventures

10. About 400 current and former OpenAI employees can cash out millions of dollars by selling shares to SoftBank

BTC

Last night, Bitcoin once again broke new highs, currently trading above the 4-hour channel, and the upward trend remains bullish. Bitcoin ETF scale has already surpassed gold; given the clear upward trend, there's no need to gamble on a couple of bearish candles, lest you pick up sesame seeds and lose watermelons. Currently, the small range support is around 103400; one can buy on dips, with an extreme position pinning near 102000.

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