We are taught that the centripetal force provided to the satellite by the earth's gravitational force gets equallized to the centrifugal force produced due to the inertia of direction of the orbiting satellite. If the force which keeps the satellite in a constant motion is equalled by an opposing force, how does the satellite still keep rotating creating a resemblance to freefall. Just wanted to know it quite deep.

We are taught that the centripetal force provided to the satellite by the earth's gravitational force gets equalized to the centrifugal force produced due to the inertia of direction of the orbiting satellite. If the force which keeps the satellite in a constant motion is equaled by an opposing force, how does the satellite still keep rotating creating a resemblance to free fall. Just wanted to know it quite deep.