I think we're about to see a strong USD move based on inevitable game theory around Europe's situation. They, like Japan, will have to loosen monetary and even fiscal policy to stave off depression which will comparatively raise the dollar against the euro. Also, I wouldn't be surprised that as global growth slows gold is being liquidated to pay the bills, as is land. Energy supply is very high and has plenty of excess capacity (including in the US), so commodities are having a tough go.

I'd expect bitcoin to strengthen vs the euro on similar logic.