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The first wave of the third wave for the bear market

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BITSTAMP:BTCUSD   Bitcoin
Critical level: 9695$

Hello, crypto traders. Presumably, wave (c) of {ii} of A was completed as a impulse with a truncated fifth wave. I expected the price to correct the first wave by 0.618, but a truncation was formed. So far, the price has approached the lower limit of the correction channel. Probably, the wave (i) of is developing.

In an alternative scenario, I consider an idea in which wave (b) is not yet complete.
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