As for the price it does look stable and rising now its just a matter of how long the trend lasts to determine roughly what the moving average and new stable range will become.
As a matter of facts, the price hasnt stabilized yet and the waves are still ongoing , probably it will last for another 2x24 hours or more before the price actually stabilize itself. It is clearly shown a strong potential to be over $250 by this point even if the price is going to decline and this shown a potential for those who thought
BTC is dead based on the price that
BTC isnt dead yet ( some people based wether
BTC is dead or not on its price, which is an irony )
As for how long this waves gonna last, probably this will keep on lasting until there is a clear green light from the greece about their economic state. Mostly thanks to the Greece situation that most people actually speculate on this and this could be the reason on why the price has been taking a huge step