Possible move up for nasdaq?!

Here is the idea that due to oversold state on nasdaq chart i think we are likely to see a move upward in short term in upcoming days and weeks…but we need to bear in mind the fact that situation is still not in favor of a sharp or strong rise thanks to macroeconomic situation and sentiment but i believe we can squeeze higher in short term possibly…Btc and nasdaq proved to have correlations which they are now in similar situation(check out the related idea) thus i think both have a potential to go upward for a short period of time…
Lets see if its gonna work out
Always a student