OTCbid - Traders Expect Bitcoin to “Nuke” Lower as Indicators Point to Imminent Volatility

" Bitcoin saw some notable volatility earlier today that led the cryptocurrency to rally up towards $7,700 before facing yet another dire rejection at this level. This has placed BTC firmly back into a tight trading range and has led analysts to anticipate further downside.

One trader is noting that the cryptocurrency could be well positioned to “nuke” lower in the near-term, with this potential decline being sparked by a rejection at $8,000. " - Read Full Article

Source: Newsbtc


-2% Gross, -0% Net, Citibank, US

Look For Buyer Mandate Only -

NEW: 100K BTC @ -2% Gross, -0% Net, Citibank, US - Look For Buyer

(Seller : HS JM)

Post: 27.4.2020


  • A large US Hedge Fund Seller is selling100K BTC deal at -2% gross, -0% net

  • Buyerside = 1% (open)

  • Sellerside = 1% (closed)​

  • Seller side closed around attorneys, we share buyer side 50-50 (AAA and affiliates, BBB and affiliates), so 0,5% each


  • -2 BTC Test tranche from wallet with 2,500-5,000 BTC

  • - Buyer sends Fiat funds to Citibank US QIB Account of seller

  • - coins are sent within 2 hours of swift confirmation, swift copy time stamp

  • - ramp up tranches to be mutually agreed as per tranche plan

  • - commissions paid out by seller starting from 1000 BTC, which is when the discount is realized


Interested parties should contact :



  • Telegram:

  • Telegram:

  • Telegram:

5 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.