I am someone with actual bipolar disorder. What you are saying is not true. Both mania and depression can involve psychosis and hallucination, but neither necessarily does. Bipolar II does not involve full-blown mania at all, merely hypomania. Hypomania can be easy to miss. People often find it benign or helpful, just a bit of extra energy and motivation.

I would never try to diagnose someone I've never met and disapprove of doing so.

You're not describing bipolar disorder, you're describing symptoms of schizophrenia. Schizophrenia (and other similar disorders) affects your ability to think and behave coherently. It's a detachment from reality.

Bipolar disorder is characterized by long (weeks or months) mood swings that range from very motivated and often positive to deeply depressed. When you're "up" you feel overconfident, impulsive, and restless. When you're "down," you are the opposite. There's no notion of false pattern recognition or conspiracy theories.

Not my place to pass judgement either way but don't just make things up when talking about mental health, it's not a good look.