Yesterday's drop to $276 could have ended the (5) wave of C. You can zoom a bit to see the decomposition between (4) and potential (5). Long-term support, lowest-point after burst ($275), first level of are all pointing to this important level. If the corrective triangle is over (correcting the Dec. 2013 burst) we should be going out from the endind diagonal from the upside pretty soon. In EW and TA this pattern/figure is a one.
However, we should note a correct counting is allowed with testing the again (and old ATH ). The counts would remain correct and stop the 2014 bear market aswell. C would be around January's end, ~ $257.
IMO if you're long-term bitcoin beliver this a nice time to accumulate. If not, waiting a possible drop to $257 or the breakout from big could be a better idea. Good luck !