We're mostly on the rise, so I think correction would now set in. Looking at it, maybe a floor of $330-$340, then another rise.
Who knows, we might hit the $400 barrier anytime soon, but $700? No.
400$ should/would fall today (pretty close actually, went up to 378, 399 on CNY). As someone already said, most 200x buyers traded by now, for example: bearstamp had 20 minutes, where there were actually no coins for sale. Now traders moving coins to exchanges for actual trade out of "cold stash". Still demand>>supply. We broke many supposedly hard to brake resistance levels in minutes,the price effectively rose a 100$ in a couple of days, and for now as of 03.11 6.00 Am CET, price holds, and China buys again above USD price. This is rally. Much buy, OMG price. Enjoy