1.25 is strong support and I think it will stay above this level if Bitcoin doesn't dumps. $1 and $0.705 is supports.
-Upper line of ascending channel
Not financial advice.
Last time the bollinger bands squeezed that much, we saw a %33 move to the upside. Now, we have a triangle and squeezed bollingers. I'm longing and my S-L is at 14,375 (below the bollinger and triangle). NOT FINANCIAL ADVICE !