It's obviously going up due to the self fulfilling prophecy of the halving it does it every single time because people with money know they can keep this pattern going and pump it after the halving.
They will keep doing this until the price gets to high to pump any longer.
I am skeptical of Tether and websites like bitmex having a lot of control over the price.
But I am just here to ride behind them on the tail of the wave