My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.
In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.
So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.
The market is crumbling but will not die and will grow again, The fall of the price of crypto is normal, and it will not make crypto die, be patient and do not panic, the red market will surely pass soon.
I think With the advent of technology and the impact of the chain of blocks it will continue to evolve into a better platform to serve the nation and people. The downward price trend is only normal, we have lower prices in the market than this February this year is 6k infact.
I just observed that whenever there is a price trend down many posts or subjects to post say and ask the same line as this "Will bitcoin collapse?" Good people need to understand that from the beginning bitcoin up to now has struggled in the last 9 years but remains and dominates. If in time it will collapse then I think it will take life time to do it.