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.
I agree that we would see that price soon. But it won't be as easy as we are thinking. We would see a lot of rough times before we finally headed to it. And just like what we are seeing right now, there are some dips and slips along its way back there.
And as for the risk management, as a trader and investor, we need to take consideration of it at all times. But for us long term investors, we have understood the risk that we are taking and we accept it very much regardless of how volatile the market is.