A folding collapsible bicycle, which includes a front connecting bar pivoted to the bicycle frame and locked by a lock to hold a front fork, a retractable fork tube hinged to the front fork and locked thereto with a lock screw to hold two collapsible handlebars, and a seat pillar holder pivoted to the bicycle frame at the top and locked thereto with a lock to support a seat pillar and a saddle on the seat pillar.