The problem with Bit Coin, and all cryptos, is that they are nothing but a Ponzi scheme where people are looking to sell it to the next guy for a higher price.
You are basically saying how markets work - this is how we create value for the fiat currency as well. Bitcoin was made to be a currency and if we will want to use it of course it has to have value tied to it. Because there was no value people started to trade between each other and this is how the market formed itself from the beginning. You can't expect bitcoin to go around markets and be traded because this is how the value is created in the first place.