This week will be fruitful to all bitcoin traders.

We will pull back a bit to $266 (a major support level seen before) to digest the sharp growth yesterday. And then we will stand firmly above $300 in the mid-week. We will finally touch $350 by the end of the week.

The waves we saw so far are impulsive than corrective. If you do wave counting, you will see it is far away from the ending phase. So buy on the dip and ride the winner.

BTW, don't touch litecoin, coz it is dying and it is just taking a free ride from bitcoin. Bitcoin is at the edge of mainstream acceptance, and it will enjoy this huge first comer advantage and wipe out the alt coins.