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OTCbid - Bitcoin Rejects Downside At $29k, Here’s Why This Is Good

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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" Today’s Bitcoin price analysis is positive, as a dip to $29,000 was met with solid support and rejection, indicating that additional downside is unlikely. As a result, BTC/USD is expected to rise further in the next days, most likely above the $31,000 resistance level.

Naturally, the psychological price of $30,000 for Bitcoin implies a solid purchase zone. We’ll look at why Bitcoin’s recent consolidation around $30,000 is a promising sign of future price increases.

Bitcoin Fall 57% From ATH

Bitcoin prices have fallen from a high of $69,600 to a current level of $29,350. The entire cryptocurrency market was destroyed by this 57 percent price decrease. As a result of the decreasing prices, a snowball effect began to occur, causing other crypto projects to be hit and sink even more. " - Read Full Article

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Source: NEWsbtc

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200K-500K BTC BUYER IN UK

-10% Gross, -5% Net, Performance Bond, HSBC, B2B, F2F, UK

 

Seller Mandate Only

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NEW: 200K-500K BTC @ -10% Gross, -5% Net, Performance Bond, HSBC, B2B, F2F, UK - Look For Seller

(Buyer ; SMAG...PDA-GAIL)

Post: 25.5.22

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• Buyer is looking for 200K-500K BTC @ -10% gross, -5% net

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• Buyer = 5%

• Buyerside = 2.5%

• Sellerside = 2.5% (closed)

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• Buyer has account in Barclays, but can be other bank too 

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• PROCEDURE:​​ BANK TO BANK:  

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• 1. BUYER SIGNS THIS AGREEMENT AND SENDS IT ALONG WITH A LETTER OF COMFORT  FROM BUYER’S BANK CONFIRMING THAT BUYER HAS THE ABILITY TO COMPLETE THIS BTC PURCHASE AND SALES AGREEMENT. 

• 2. SELLER SIGNS THIS AGREEMENT WITHIN TWO [2] BANKING DAYS AFTER RECEIPT  

• 3. BOTH PARTIES LODGE AGREEMENT WITH THEIR RESPECTIVE BANKS. 

• 4. SELLER BANK ISSUES PERFORMANCE BOND WITHIN FOUR [4] BANKING DAYS FROM THE DAY THE AGREEMENT SIGNED BY THE BUYER WAS RECEIVED BY THE SELLER COVERING THE PURCHASE PRICE OF THE FIRST TRANCHE BTC TO THE BUYER. 

• 5. BUYER BANK VERIFIES THE PERFORMANCE BOND AND TRANSFERS EURO CASH EQUIVALENT TO SELLER BANK ACCOUNT WITHIN TWO [2] BANKING DAYS (ISSUER OF PERFORMANCE BOND) FOR THE TRANCH VALUE THEN TO BE EXECUTED. 

• 6. SELLER CONFIRMS THE FUNDS WITH HIS BANK AND CREDIT THE BUYER’S WALLET WITH 10,000 BTC, BUYER CONFIRMS THE COIN VIA BLOCKCHAIN 6 TIMES CONFIRMATION AND NOTIFIES ALL PARTIES. 

• 7. SELLER PAYS ALL BROKERS AND DISCOUNT TO BUYER BY BTC / FIAT ACCORDING TO THE IMFPA. 

• 8. NEXT TRANCHE CONTINUE UNTIL CONTRACT EXHAUSTED.

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com