Not quite.
However....
if btc loses 45k, we fall down to the next swing (green box around 30k). The last parabolic party ended when BTC corrected 47% from the top. This fall would be 50% from the top. you will definitely see a nice bounce back but it wouldn't create new ATH... it will fall to doom, 80% correction total from the very top of ATH. there is a chance it holds at 37k, but 37k is last line of defense if 45k fails. you've been warned