I tested BT55 to destruction once. Doesn't account for off axis loads - so fly straight!
This ^. Off-axis loads cause the tube to banana. A tube nicely accelerating straight might fail if a non-zero angle of attack happens. This can be caused my many reasons, but the usual is different wind velocities/directions as the rocket ascends. Non-zero AoA puts a bending moment on the airframe and the axial load does the rest. The further the rocket is from zero AoA the worse the problem is.
The stiffness of the tube can help/hinder this. An aeroelastic resonance will likely cause it to fold. Stiffer tubes (phenoicl, bluetube, f/g, cf) drive that deflection down and resonant frequency up. That makes it harder for it to fold during flight.
As per the Euler formulae if you looked it up, the longer the rocket then the more likely it is to buckle under load.