Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
sourceI wouldn't panic so much because the prognosis is really good ...
BTC to USD forecasts for January 2023.
At the beginning, the price is $ 130,231. Maximum price $ 132,953, minimum price $ 115,557. Monthly average $ 125,749. Bitcoin price forecast at the end of the month $ 124,255, change for January -4.6%.
Bitcoin price forecast for February 2023.
The initial price is $ 124,255. Maximum price $ 124,563, minimum price $ 108,265. Average for the month $ 118,374. Bitcoin price forecast at the end of the month $ 116,414, change for February -6.3%.
BTC to USD forecasts for March 2023.
The initial price is $ 116,414. Maximum price $ 144,493, minimum price $ 116,414. Monthly average $ 128,090. Bitcoin price forecast at month-end $ 135,040, up from 16.0% for March.
Bitcoin price forecast for April 2023.
At the beginning, the price is $ 135,040. Maximum price $ 167,611, minimum price $ 135,040. Monthly average of $ 148,584. Bitcoin price forecast at month end $ 156,646, up from 16.0% for April.
BTC forecasts to USD for May 2023.
At the beginning, the price was $ 156,646. Maximum price $ 180,136, minimum price $ 156,566. Average for the month $ 165,425. Bitcoin price forecast at month end of $ 168,351, May change of 7.5%.