Norway's $1.6 trillion Government Pension Fund has endorsed Metaplanet's long-term cryptocurrency strategy by approving all five Bitcoin-related proposals from the Japanese firm. This decision, pending a final shareholder vote on December 22, underscores growing institutional confidence in Bitcoin as a treasury reserve asset. Metaplanet aims to use Bitcoin to hedge against fiat currency devaluation, a strategy that could enhance technical analysis (TA) for broader cryptocurrency adoption. The fund's support highlights a significant institutional shift towards integrating Bitcoin into traditional financial strategies.