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.
Bitcoin can find a big dip before it becomes bullish, but there is no way to say that it will always behave the same way. If we consider the history of a few years, we will see that the price of Bitcoin has fallen significantly before every bullish movement. Recently, when the Bitcoin price fell from its highest ATH to $78k, I think that was a big dip for Bitcoin at this time. Now we will move from that dip to bullish again. Looking at the market conditions at the moment, we can say that the market will continue to rise very quickly and the possibility of Bitcoin's price returning to $60k is very low. Those who are investing or holding Bitcoin should not wait for a dip because it is impossible to predict a dip. Those who are smart are filling their bags with bitcoin right now.