First of all, a 70kph bike is called a motorcycle. A bicycle can survive hitting that kind of speed for a moment, but sustaining that kind of speed will tear a normal bicycle apart. standard brakes, tires, bearings, and frames will all fail at those speeds. In order to build an ebike that can travel at motorcycle speeds, you need to run some specialized parts.
As for the motor, 70kph takes 2500 to 3000 watts of power for a typical bicycle shaped vehicle. to sustain that kind of speed, you need a motor that can handle the heat, and a battery than can pump out that many watts normally. Few motors will do it at just 72 volts. As for the battery, there aren't many options for a battery that can sustain that kind of output. A typical ebike battery was designed around giving 360 watts output continuously, and maybe twice that for short durations (36v 10Ah 1C battery, 2C peak). That's good for 32kph on most systems. Anything above that is going to need higher performance batteries.
Also consider that 72V 40AH of LiFePO4 battery would weigh 30KG, 66lbs! And would be something like 300mm X 300mm X 250mm. Try strapping 66lbs of bulky battery to your bike frame in a way that doesn't compromise handling. Ain't going to happen. you'd need a frame the size and strength of a motorcycle to house that kind of bulk securely.