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It popped when it dropped from $280 and went to $50 (or whatever the exact numbers were). Now it is leveling out to where it should be, hence it is now more stable and less volatile.
Now the market will correctly dictate where it should go from here so long as they don't cripple it again with another, larger attack. But if they can fight them off, Bitcoin will go where it is supposed to be without being manipulated, making it a more reliable and more widely accepted currency.
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