Actually, it seems in my last reply it worked because of coincidence, I still get some errors when running the command again, just not always. The command finished successfully what it was supposed to do in spite of the bitcode-build-tool errors.
tbhaa
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For me it could not find otool-classic. Stack overflow suggested copying otool-classic to the expected place and I was able to run the command after that.
xcrun --find otool-classic
/Applications/Xcode.app/Contents/Developer/Toolchains/XcodeDefault.xctoolchain/usr/bin/otool-classic
cp /Applications/Xcode.app/Contents/Developer/Toolchains/XcodeDefault.xctoolchain/usr/bin/otool-classic /Applications/Xcode.app/Contents/Developer/usr/bin