$BTC Tightening regulations: If major governments (US, China, EU...) completely ban transactions or holdings of BTC, this could have a significant impact.

• Technical or security incidents: If there is a major flaw in the blockchain network or it is attacked (although unlikely), trust could collapse.

• Replaced by better technology: Another cryptocurrency may outperform and replace BTC's leading position.

• Market sentiment: The price of Bitcoin heavily relies on trust and speculation. A major shock could trigger a chain sell-off.

Conclusion:

Bitcoin may not completely collapse in the near future, but there are still high risks due to volatility and dependence on many factors. If you invest in BTC, you need a clear risk management strategy and should not "go all in".