The $69.1k level is not going to be easy to break out from, it has been a resistance level since March for a reason, so not breaking out with one attempt right now is not a surprise.
Bulls will want to minimise the pull back before attempting the $69.1k level again
So if an ascending triangle is formed just under this level, I would expect a breakout to follow.
I would also not be too concerned if there is a pull back to the 50/200 Day MA at $63.3k either to test this level as support.