After you have gone through the adventures and thrills in the leveling from the very innocent beginning to the 60-levels landmark, and also the middle leveling near at hand, you will now probably arrive your final destination—your success in the leveling. 
At level 68 you can learn new ranks of Blizzard and Mana Shield, as well as Conjure Mana Emerald. Invisibility may seem at first to be more useful than it really is. It seems this way because it is this way. The 5 second fade-out renders it less-than-stellar for PvP, and the fact that you can't see anyone who can't see you and the 5 minute cooldown makes it difficult to use it for skipping past content the way rogues and druids can. The main function for this spell is as an aggro drop, and at that it works quite well. When under duress, you can very easily Frost Nova your assailants and run for the hills while going invisible, something that even works in instances. Since threat reduces over the course of the fade-out, this spell can even be effective as an aggro drop if interrupted before the full invisibility buff goes off. Don't expect more out of it than it can deliver, and you'll enjoy this spell. This will supposedly change in the next expansion, when the fade-out period is supposed to be shortened and can actually be talented down to an instant cast effect, but we'll see what actually makes it live.
Edge Mountains will now be your questing place, which will bring you to your level 70, if you've been questing out each zone you've been entering. There are more than enough quests to complete here to go from level 68 to level 70, and if you run out before reaching that plateau, you can easily finish things off in Netherstorm or Shadowmoon Valley, the game’s two level 70 zones.
Level 69 grants no new spells, but provides new iterations of Amplify Magic, Arcane Missiles, Fire Ward, Frostbolt, Ice Armor, and Mage Armor.
At this point, whether you're in Blade's Edge, Netherstorm, Shadowmoon, or deep within Sethekk Halls, take a deep breath and get ready for what's to come. Once your experience bar gets to the right side of the screen one last time, you'll be level 70, and a whole new game will open up to you. Go finish those last few quests and be done with experience points forever.
Level 70 changes everything from the changes of your new spells to the last one available in the current version of the game. The final ranks of, Arcane Explosion, Arcane Intellect, Arcane Missiles, Fire Blast, Fireball, Frost Ward, Frostbolt, and Scorch are learnable at the Mage trainer, while Arcane Brilliance rank 2 must be learned from a tome available only as a world instance drop. If you didn't manage to scoop one up during your adventures in the various instances of Outland, you can usually obtain one from the auction house without spending too much money. The same goes for the final ranks of Conjure Food and Conjure Water. These are all must-buys, so keep an eye out for them.
Your new spells at 70 are Spellsteal and Ritual of Refreshment. Ritual of Refreshment is pretty cool. It summons a magical table from which you and everyone in your party or raid can obtain Manna Biscuits, which act like food and water in one. Put one down in a battleground and everyone will love you for it. Spellsteal, on the other hand, allows you to steal one buff from an opponent at the cost of far too much Mana. The effect only lasts for 2 minutes, maximum, but some very nice things can be stolen here, and there's a lot of fun to be had with this spell.

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There are endless things to do at 70, things like Arena combat, new instances, and massive amounts of daily quests and factions to grind reputation with. One very cool, game-changing thing that is now available to you is your flying mount. Head to Shadowmoon Valley to pick one up as soon as possible, you won't regret it. You'll need 800 gold for the training and the mount, but fortunately making money at wow powerl level 70 is a cinch. The options are endless: daily quests, finish questing in Netherstorm or Shadowmoon, farm primal or Aldor or Scryer rep items.