OTCbid - Bitcoin Enters New Bullish Cycle, Aiming for New All-Time Highs

Updated: Nov 9, 2020

" Bitcoin entered October with its price contained within an ascending parallel channel. As the new month kicked off, the flagship cryptocurrency was rejected by this technical formation’s middle line leading to a correction towards the lower boundary.

By October 2nd, BTC had pulled back nearly 4% to hit the lowest price point recorded throughout the month, at $10,364.

A significant number of buy orders were filled around this support level. The spike in demand helped propel prices to $11,736, representing a 13.24% upswing within ten days. Some market participants appear to have taken advantage of the rising price action to realize profits, which caused prices to retreat 4.56%." - Read Full Article

Source: fxempire


-5% Gross , -2% Net, Bank2Bank, Switzerland

Look For Seller Mandate Only -

NEW: 30K BTC @ -5% gross, -2% net, B2B, Switzerland - Look For Seller

(Buyer : PM JK)

Post: 9.11.20


  • New buyer from Swiss is looking for 30K BTC at -5%gross, -2%net.

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • Min per tranche = 50 BTC



  • Buyer bank will provide POF once Buyer has signed letter of intent with Seller

  • Seller must provide POC at the same time. Signed message is sufficient. POC per tranche

  • Look for seller who can trade in Switzerland. AAA rated fully insured bank.

  • We can have a BTC / fiat account opened for your seller, trade execution internal.

  • Seller can be anywhere provided Seller bank can transact via MT103 and that POC can be provided to Buyer's bank.

  • Swiss banks are AAA rated and will perform Escrow, custodian and paymaster duties in accordance with contract signed by buyer and seller.


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbidcom

  • Telegram: +1 (786) 632 8577


12 views0 comments



Telegram: +1 (786) 632 8577

Telegram @OTCbiddotcom


Trading Name: Chai Gallery

ABN 86 089 149 718

Martin Place Sydney Australia






OTCbid does not provide any financial advice, financial products or services. Bitcoin is not a financial product. According to ASIC, Bitcoin does not fit within the current legal definition of a financial product in Australia.


We match Bitcoin buyers and sellers worldwide. We coordinate large volume of these trades involving buyers/sellers who have accounts with reputable banks and institutions to make sure their clients are fully verified and abiding by regulations.


OTCbid desk deals involves extreme high risk with big whale bitcoin speculators and market price volatility that can contribute to an adverse effect on any investment in crypto assets. You should be capable of evaluating market volatility, the merits and risks of the investment. We advice you always do your own due diligence on bitcoin OTC desk deals of buyers and sellers or seek independent expert advice on what to invest on OTC desk deals, and be prepare to face the potential risk of losing your entire investment portfolios. Always invest the amount that you can afford to loss.

Our OTCbid desk deals should not be interpreted as an endorsement of each OTC deal. This platform is not a trading investment advice or any recommendation to trade. You trade at your own risk as cryptocurrency OTC deals are speculative, complex and involve significant risks. Always engage your own independent crypto expert advice, before relying information on this platform. You should also verify your own trading deals including its legal status and relevant regulatory requirements as part of trading strategies. Lastly, always conduct your own due diligence to protect traders from the wide variety of scams and schemes that target OTC trades daily.

*Disclaimer: All contents here are for educational/information purposes only and should not be considered investment or trading advice.

OTCbid does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.