When I try to Archive my application on Xcode 7.3.1, I am getting following error:
error: Invalid bitcode version (Producer: \'800.0.35.0_0\' Reader:
Install Xcode 8: https://developer.apple.com/download/
Xcode 8 GM seed may be used to submit apps to the App Store.
More info: In my case I updated to the latest Facebook iOS SDK 4.15.1. Since that library was updated with Xcode 8 and I was still using Xcode 7.3.1 it caused the error.
https://developers.facebook.com/docs/ios/change-log-4.x
Updated for Xcode 8 GM and iOS 10.
So, double check 3rd party libraries.
Or if you don't mind disabling bitcode: Go to build settings search bitcode and change "Enable Bitcode" to "No".