it'll take a while for the market to realize bitcoin is still around and working like it used to. Price will keep going down for a while after the fix. For how long I don't know.
After a while price will pick up again. I think the effect of this will last a week at most. I think we'll be trading just below the ATH again by next week.
+1
even if people realize that bitcoin will be just fine, this event might just be the push they needed to cash out the 300-5000% profits they have been holding for so long...