good job, you've discovered elasitcity of demand. now go study some more to realize why your conclusions are not neccesarely very insightful or likely.
Bitcoin is not a good in the sense potatoes are, that's one place where you can start.
The utility of Bitcoin - its function as a medium of exchange, is equal whether its price is 0.0000001 dollars or 7.000 dollars. The same is true for a potato. For some irrational reasons people may pay as much as 100,000 dollars for a potato, like they paid 100,000 florins for a tulip bulb in a Tulip mania, but the utility of consuming a potato will stay the same and the price of a potato will always return to value determined by its utility. The same thing will happen with the price of Bitcoin - it will return to value determined by Bitcoin's medium of exchange utility, which is somewhere around 1 cent, or probably even lower.