Since crypto trades 24/7 why doesn’t the close match the next days open?
Using daily data shouldn’t the open of day be equal to the close of the day before?
The open of a bar is the price of the first trade that occurred during that bar, and the close is the price of the last trade that occurred during it, so it should not be expected that those prices will always be equal. Even looking at 1-minute charts of stocks, you can find examples where the close of one bar does not match the open of the next, especially low volume stocks and during times of higher volatility.
I’m not familiar with how crypto or BTC trades, so I can’t speak to the size of the gaps from one bar to the next, if the data you shared is normal or if those gaps are wider than they should be. You might try comparing your data with that of Coinbase or other places where you can look at crypto charts.
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