Your prediction is largely correct but I would have preferred to push Bitcoin to a more positive valuation for the price to rise. On the other hand, there is an attempt to push back into a volatile market and the opportunity to accumulate more regardless of the price.
The war situation and negative effects are not affecting the current market order much but looking at possible future actions, it is better to be aggressive in buying more Bitcoin now before the bullish period comes again. It is undoubtedly assumed that we are on the verge of touching another ATH and Bitcoin aggressive price trend should be in the long term accumulation and should be holding.
I think that the recovery is amazing especially after the tensions that we have experienced recently. The ability of bitcoin to persist and even gain through such events proves the extent of how much the investors are willing to trust it. I think the potential of strong bull phase in the near future is also here. Once it manages to break that 110K mark soon, then the confidence will surely be gained back at a very fast rate. Now more than any other time long term holding will pay off since a break in the right direction in the global may just propel it to a new ATH than anticipated.