How can Bitcoin fail?

Can anyone point me in the direction of legitimate resources that outline how Bitcoin can fail? I understand the underlying mechanism, scarcity, decentralization, and how Bitcoin was created specifically as a solution to the problem of all other forms of currency. I also can’t help but feel a need to temper the “rah-rah” sentiments and excitement about Bitcoin because of the pitfalls of confirmation bias, etc that can get in the way of clear thinking. Can it be undermined, destroyed, devalued, etc? Thanks in advance for your help with my ongoing learning about this subject :)

Btw, I’m still DCAing and stacking sats regardless