No one can accurately predict the future of Bitcoin, but it is unlikely to "completely collapse" in the near future for the following reasons:

Why it is unlikely that Bitcoin will collapse:

1. Institutional Adoption: Many companies and major investment funds have entered the Bitcoin market.

2. Digital Scarcity: There is a supply cap (21 million Bitcoins), which enhances its value as a store of value.

3. Global Reach: It is used in many countries as a hedge against inflation or weak local currencies.

4. Increasing Demand: With each bull run, public and institutional interest increases.

But attention should be paid to:

High Volatility: Its price can drop 20-30% within days.

Government Regulations: Strict laws or bans in some countries could negatively impact it.

Technical Issues or Hacks: Rare, but they temporarily undermine trust.

Summary:

Could it collapse? Technically, yes in a catastrophic scenario (like a major security flaw or global ban), but the likelihood is very low.

Could it drop sharply? Yes, repeatedly, as has happened before.