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.
Correction phase already passed when Bitcoin staying above $1200 since 2 days after 200$ dump, and now it's further growing. It's a positive sign that after huge dump price back to normal in short time. I think it will start it's rally to $1300 soon within couple of days.