The $70k level as a target does not seem impossible to me. I'm saying this as I rely on the current great run we witness in the market. Bitcoin price reached even $55k and gave a big hope to us. Because the last time, it wasn't able to go above $52k. This time, we might see a level over $60k in a short time or at the end of this month in the worst case.
There were times tge market moves too fast in pump but then drops unexpectedly. Though we can’t deny the fact that bitcoin price increases more in last quarter of the year any amount is possible to reach. Anytging in crypto especially in bitcoin is uncertain. The market can set another ATH or loss after a while so we should not let our guard down if were not into long term investment.