I think for some period price will remain in this range as Bitcoin has entered in correction phase. Just look at the price floating which is between 1200-1280 tells many thing by itself. In my opinion seeing 1300$ is not big deal but we will see first more stable floor before next rally.
The price is hovering around $1250 and it could reach those levels pretty soon if the support continues to be like this and you have to remember that there is a strong resistance at $1300 and if it breaches expect a small correction once again like we saw last time.