Tesla Buying Bitcoin Is 'A Genius Move For Musk' | PreMarket Prep

Dennis Dick talks about Elon Musk taking a financial stake within the popular cryptocurrency Bitcoin on today's show. Musk purchased $1.5 billion worth of bitcoin, sending a shock wave through the crypto community, giving the bitcoin stock a bullish catalyst causing it to surge higher. Dennis shares a fair prediction that Bitcoin will see $100,000 by the end of the year & $50,000 by the end of the week. What are your predictions for Bitcoin? -Subscribe for daily trade ideas https://www.youtube.com/c/Benzinga PreMarket Prep 8am / SPACs Attack 11am / Power Hour 12pm On Today's PreMarket Prep: - TSLA is now a bitcoin play - A PTON-IBM partnership - Market structure lessons from HD and FDX Featured Guest: Tim Quast, Founder/CEO, ModernIR and Market Structure Edge Today’s show is sponsored by Market Structure Edge ➡️ https://marketstructureedge.com​ /////MORE STUFF TO CHECK OUT////// Benzinga Premarket Activity newsletter ➡️https://share.hsforms.com/1SoPsxeyZRG...​ Free stock market news ➡️ https://www.benzinga.com/​ Benzinga merch ➡️ https://rb.gy/3pyb0x​ Join Benzinga’s Free Chat ➡️ https://discord.gg/SSAWFYy​ Get EXCLUSIVE ACCESS to Benzinga's Premium Products https://www.benzinga.com/premium-prod...​ Meet the Hosts: Dennis Dick Twitter: https://twitter.com/TripleDTrader​ Joel Elconin Twitter: https://twitter.com/Spus​ Spencer Israel Twitter: https://twitter.com/sjisrael​ Mitch Hotch Twitter: https://twitter.com/STORYinvestors​ Tune in to the show LIVE or via podcast! iTunes: itunes.apple.com/us/podcast/benzinga-tv Spotify: https://open.spotify.com/show/7dA6TuZ...​ Soundcloud: soundcloud.com/bztv Stitcher: www.stitcher.com/podcast/benzinga-morning-show TuneIn: tunein.com/podcasts/Business--…nzinga-TV-p1006070/ Google Play: play.google.com/music/listen?u=0#…gd4pry47sjss2n2my Like the show? Keep up with all Benzinga news! Visit https://benzinga.com/​ to subscribe to our newsletter Visit https://twitter.com/Benzinga​ to follow us on Twitter Visit https://facebook.com/Benzinga/​ to like us on Facebook Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #Trading​ #Topstocks​ #success​ #investing​ #stocktrading​ #stockmarketnews​ #news​ #business