holy crap momment in btc

bitcoin is at a crucial moment, as it can leave the bullish channel it has been in, according to a theory that I have studied for a while. When an asset leaves its trend fibonacci channel, once it leaves it, it tends to retest it and then follow a channel in the opposite direction, we are at a key point in price, btc must leave the red square and resume the channel with force, or simply fall 80% as it has done on previous occasions.