I think it's likely we'll go over the $100k price again this cycle and that we'll set a new ATH.
It's just that, from a support and resistance standpoint, $70k looks like it could give us some strength to push higher if we pull back to it and even crash through to neutral ~$60k before going higher. I'm still invested because I think this'd be a flash crash scenario and I usually miss those.
I preferred looking on actual global economy situations rather than purely relying on price support/resistance because even the strongest support can be broken if the negativity in the market is too strong to create FUD same on the opposite side.
Those 60K, 70K and other price that keep being used by many analysts will must confused you in case it’s broken due to the buy/sell pressure.
Always DCA if your goal is to accumulate and hold Bitcoin in long term rather than guessing when it will reach ATH.