There's blood all over the streets.
S&P is down by 3.5% and Nasdaq is down by almost 5%. But a correction in crypto could be expected anyway.
HIVE has taken a massive dump and not even HBD is feeling very well.
Do you think this is the beginning of a longer and deeper correction? 
The gist of what Michael Oliver had to say was that while central banks will not relent from flooding the market with QE money, investor preference as to where that money will go is likely to change. The commodity complex (commodities + mining company stocks etc.) are likely to do well after flatlining since 2015. In his opinion technology stocks and US stocks in general look too highly valued and in for a major correction. Michael Oliver showed some charts in which you could see this while he was talking.
He didn't mention it but I recently read that Berkshire & Hathaway has been unloading bank stocks and buying mining company stocks. Warren Buffet missed the tech stock train of the last decade or two but he's rarely completely wrong about the fundamentals.
The big question is what this would mean for crypto if correct. Will crypto go down with Nasdaq or will BTC be correlated with gold? What do you think?
By the way, what the hell is going on with TRON???
