The last Strategic Bomber the USAF fully retired was the B-36.
And interestingly enough, it, too, was a "high altitude, high speed" bomber

Though by the standards of its time, of course.
Right now they are looking to push the B-1B into 2030, the B-52 will be pushing 80+ when retired. The B-1B had effective defenses against it as soon as it rolled off the production line. You could string cables through a valley and that would be a defense. The B-70 will still be able to outpace most of the SAM systems in the world in the 90’s or into 2000. The only ones to truly threaten it like the SA-10 still only achieve about a 25% probability of kill.
Again, you're looking only at OTL deployments; ATL missiles, because the B-70 exists, are likely to be more capable against it. Ramjet-powered missiles, for example, so they're powered all the way up and can get longer effective ranges.
And of course wires in the valleys only works if you know which valleys to string them in
Even a widespread deployment creates issues because the missiles have to be much bigger so you will have less missiles ta site.
Well, they only planned to procure 65 aircraft. I doubt they'll concentrate them all in a single raid, so any given site probably won't have to deal with more than one or two. You can keep lower-performance missiles around to deal with the B-52s and their cruise missiles.
The USAF will do what they did with B-52’s and B-1B’s. They will cut back the numbers some but not take the bomber out of service.
The thing is that there already weren't going to be that many to begin with. Once you factor in the inevitable operational losses, "cutting back" may quite effectively be equivalent to retiring them.
I am not also convinced that a B-70 type aircraft would be really that much more expensive to run than the current swing wing B-1B which is also know as really maintenance intensive and expensive to run.
Concorde and SR-71 were certainly both quite expensive to operate, and the former was lower performance and the latter much smaller than the B-70. I think it's a good bet that the B-70 would be a maintenance hog and quite possibly a bit of a hanger queen.
I don’t disagree, they could go either way. The problem is with Stealth that once you are countered you are essentially a sitting duck. Even if the enemy has missiles that can strike at your Mach 3+ aircraft you can still make it really difficult for them. The knowledge from the B-70 could give the USAF confidence in pushing forward on the hypersonic or they could retreat back to subsonic stealth aircraft.
Hypersonic is just really,
really hard, and never got anywhere much IOTL. Forgive me for being skeptical that an aircraft which isn't any more performant than the SR-71 will somehow drive forward a desire for it very much. And of course you have to consider what they'll be thinking in the 1970s, when they start this B-1 next bomber program: continue on this path that the B-70, not to mention the X-15, has shown to be very expensive and difficult, or this new idea that could be much cheaper and more effective (can't shoot what you don't see, after all)? They're not going to see, off the bat, the problems with stealthiness, nor its expense.
As I alluded to earlier, despite the USAF not being run by bomber men anymore they still haven’t fully retired the B-52, B-1B or B-2. The B-2 had not reached initial operational capability until 1997. The B-1B was kept back to maintain the nuclear Triad during Desert Storm. So this leaves the B-52 to serve as the bomb truck for large scale conventional bombing. I see cutbacks to the force but not outright elimination of the B-70 because with no B-1 bomber the USAF only has the B-52 and the B-70 until the next bomber comes into service. This is further exacerbated if like historically, funding is cut way back for the B-2 bomber and only a handful are purchased. Even in the 1990’s the B-70 despite its age still can fare well against defensive systems.
Of course, it's quite possible that there is no Desert Storm, so B-52s carrying cruise missiles are considered to effectively support the nuclear mission in the reduced threat environment of the post-Soviet era, and they can afford to have a short gap until the B-1 (since our B-1 probably won't come into service, the B-2 will probably be the B-1...) can be put into service. Probably if the B-70 is retired then B-1 procurement won't be cut back as much as OTL; at least, the 132 aircraft order would probably only be cut in half, giving it a closer to 1-1 replacement.
I am not convinced the B-70 wouldn’t still have a nuclear role in the 1990’s. No matter what a Mach 3+ aircraft is still difficult to intercept so it isn’t a sitting duck. Very simply SAM batteries that are threats could be taken out by nuclear tripped anti-radar missiles. Nothing shuts down a threatening SAM battery like a 100kt ground burst. This only leaves a handful of the best Soviet interceptors that can threaten the aircraft. Unlike someone flying low or using Stealth the B-70 still has speed and altitude to its advantage.
Well, say they switch to using AWACs (which they did have OTL: the A-50) to cue their SAM sites, rather than having the ground radars on all the time (or at all). What good is the anti-radar missile then? The Soviets are not static threats that will fail to adapt to the threat posed by the B-70 and whatever weapons it carries. The fact that the DoD felt that it was becoming more vulnerable and that the United States and Soviet Union both abandoned the high-speed, high-altitude approach suggests that, although existing defenses are not capable against them, they weren't really survivable if they had gone into full service and defenses had been built specifically against them.