How is a bitcoin price chart derived?
As a financial enthusiast, I'm curious to understand the intricacies behind the derivation of a Bitcoin price chart. Could you elaborate on the process? Specifically, I'm interested in knowing how the data is collected, what factors influence the pricing, and how the chart is ultimately formulated. Is it a real-time reflection of market transactions? Or does it incorporate additional variables and analysis? Additionally, are there any common misconceptions or nuances I should be aware of when interpreting these charts? Your insights would be greatly appreciated.