I don't think we'll see a "huge" jump in price in the short term
But I do not believe the consolidation period will last long, and soon the price will continue to explode upwards of 3000$ a coin.
Regulating the exchanges will once and for all legitimize bitcoin;
This newly found legitimacy will create opportunities for entrepreneurs, as all their legal concern will be answered.
I expect some really crazy and interesting applications of bitcoin to be developed.
undoubtedly some of these new things will open up bitcoin to a whole new group of people.
this is where it gets interesting.
as people see real world examples of bitcoin improving the world economy, all hell is going to break loose and the world will rush to take part in the monetary revaluation!
banks as we know them today will become obsolete; and with that, wealth will spread throughout the world. Everyone will feel rich, and will spend accordingly, the power structure will be reorganized by default, and pretty soon we will realize that their is no need for money, humanity will work not for money, but to better themselves.
bitcoin!