As a side opinion, i feel the general atmosphere is a bluff before the real bottom/top eg Gold going up, bitcoin going up, S&P falling.
That is nearly always the case when it is not a Waterfall crash but rather just clearing out the incorrect timing speculation.
Gold and Bitcoin are not waterfall crashing due to some nosebleed insolvency (as will happen to Europe's banks for example). They are correcting. Note Bitcoin may be on its death bed though given it has now been 51% attacked by Chinese miners.