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.
sourceBitcoin can't go down to such extent because people still demand for Bitcoin always, instead it will be rising, even without involving trading and other activities involves in Bitcoin it will make well because of how influential is Bitcoin and generally cryptocurrency.