BTC macro fib circle levels

so bare with me here, i connected several different macro points to come up with a little grid. between august 16th and 24th it looks like we will be kind of forced into a major decision to either fight to reclaim the blue band at 40k, or we continue slowly down the downward channel until dropping quite demonically, about 50% to around 12 to 15k as the ultimate bearish scenario. at this point the first ultimate bullish scenario is getting to and closing a weekly candle above the blue band around 39.5k