This move confirms that the market makers were trying to shake people out prior to this pump. It also confirms that a local bottom has been formed at around 60k which implies that buying around that price should be low risk as downside might be limited for the short term.
As a result of this, I can definitely see a big possibility of BTC going to 75k+ but as I mentioned, regardless of how confident we are about price targets and no matter what, it is always important to manage risk and have enough room to buy potential dips because anything is still possible at this point.
Bitcoin has been hovering around 60k for quite some time now you are right Bitcoin will go to 70k at some point . It may take some time for it to pump as volatility and uncertainty in the market have increased . Still it is important to understand that this can be good entry point for long term investor . Considering the risk.