I think that is a tough call. You could immediately make a strong defender evolving the lvl 29. A strong Blissey you could use here and now before Blissey is possibly nerfed or a counter to Blissey is introduced.
On the other hand, just the thought of a 96 IV Blissey is awesome, but it is gonna require a hell of a lot of walking and/or lucky hatches to get it up to speed.
Honestly, I would go for the 96 IV, but I think either way is solid. Conceivably you could evolve the lvl 69 and then not power it up further while saving up for a future evolvement of the 96 IV.