Problem

Source: 4th Iranian Geometry Olympiad (Advanced) P3

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Let $O$ be the circumcenter of triangle $ABC$. Line $CO$ intersects the altitude from $A$ at point $K$. Let $P,M$ be the midpoints of $AK$, $AC$ respectively. If $PO$ intersects $BC$ at $Y$, and the circumcircle of triangle $BCM$ meets $AB$ at $X$, prove that $BXOY$ is cyclic. Proposed by Ali Daeinabi - Hamid Pardazi