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It's hard to say if btc will retain it's authority. Bitcoin transactions are slower and cost more in fees than existing alts. So, it could be replaced by a new coin because of that.
It's nearly impossible to say what will happen in 5 years. On one hand, I can't see bitcoin ever being worth zero. Pennies perhaps, if regulations make it useless, but never $0. On the other hand, block rewards will half by then and I think the volatility will level out. I would guess the price hovers around $400 once that happens.
I pulled one more sentence out of my ass. I think it tops out at around $4000 each some time in 2017 and comes back down to today's level after a new alt gains authority.
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