First, know what a CBDC is and then what a CBDC is released for. If you know what the purpose of CBDC is then I'm sure you will know what will happen to other assets like bitcoin in the future.

The government's main target is to make everyone comfortable using fiat. They are starting to realize that bitcoin can be a real threat to the fiat system in the long term, and that is the reason why governments are considering other options to keep their fiat system ahead and trusted by their users. I believe that bitcoin will not easily gain fiat position in the daily life of 20% of the population in a country, it is because bitcoin is still considered a highly volatile currency with a number of risks lurking in it. Everyone is afraid of losing the value of their money, and bitcoin seems scary to some because of its high volatility compared to fiat.