If there is satellite, there is internet, right? So we have to consider a scenario where there aren't satellites available as well. On that scenario, I think chaos would be inserted in society, so Bitcoin would be the least of the concerns of people in general. It wouldn't stop existing, and we don't really know how its price would be impacted, but once the world got stabilized again, it could be an alternative of currency for people to deal with and to store value.

It's important to notice that on that situation where internet wouldn't be available, fiat currencies would be also likely to be negatively impacted, so who knows, maybe Bitcoin could become a valuable asset after all.