Bitcoin subject to some rapid price action overnight

Yesterday the rebound in Bitcoin extended once it lifted back above the noted 21 day moving average. At the time of that rebound the 21 day had shifted higher to just above 59,700 and the break above that price point extended above 61k and close to 62k. The high set at around the time of the 4pm London FX fix was at 61,820. However, a very spurious late US session move unfolded at around 8pm London time. The price evaporated to as low as 57,976 on my screen, but of course it might have even traded lower than at at some venues. There was no apparent reason, or news based development for the move and some are putting it down to what is known as a fat finger error. The truth of that may never be known of course. Anyway, it did not stay down there for long and the almost equally sharp reversal saw a push back above 62k unfold ahead of the wider US close. The lead coin rose back to as high as 62,440. The price action in Asia today has been equally tricky too. An earlier drop to 60,200 was followed by a rise back to just above 62k again. There will be more to say about all this as the day unfolds. Meantime Bitcoin is currently heading lower again, trading just now at 60,830