Bitcoin is poised to target $70,000 following a recent rebound above $66,000, according to Amsterdam-based analyst Michaël van de Poppe. The analyst highlighted a positive market structure, suggesting that if Bitcoin holds above $65,000, it could "attack" the $70,000 level after the options expiry on Friday. Social sentiment around Bitcoin has surged, with data from Santiment indicating a high ratio of bullish discussions on platforms like Reddit and Telegram. This uptick in sentiment was partly driven by a recent speech from the U.S. president, which briefly pushed Bitcoin to $66,200. Despite some retail investors taking profits, the prevailing optimism suggests potential for further gains, although high FOMO could temper rallies.