Top Bitcoin Analyst Reveals Why They Shut Down Their Business That Was Making ‘Millions Per Year’

Willy Woo, a widely followed Bitcoin (CRYPTO: BTC) influencer and analyst, revealed the series of events Sunday that caused them to close a business that was making him “millions per year.”

What Happened: In an X thread, Woo shared the journey about The Bitcoin Forecast, a subscription-based content offering on Substack that analyzed BTC’s on-chain signals and predicted the future course of the market.

The Bitcoin Forecast, which started in October 2020, quickly gained traction, according to Woo, prompting them to get BTC payments integrated for subscriptions.

“By 6 months I had almost 10,000 paid subs. I’m pretty sure even today it’s the most successful BTC investment letter to date,” Woo said.

Benzinga couldn’t independently verify these claims. Substack didn’t immediately return a request for comment.