Is this normal in newborn baby?

The red splotches may be nothing but that bloating could mean trouble. It may be that what the baby eats doesn't agree with him/her, or it may be something else. Either way, please call your pediatrician. They usually have someone on weekends.

If that is the belly of your newborn, DOCTOR! NOW!

Obviously you consulted with your doctor long before going online and asking random strangers, so what did he/she say?

Jesus christ no! Is that of the actual baby or you during the month leading up to the birth? If that is you then the only explanation would be that it's going to be one big baby and that's its head lodged up against you.