Bitcoin Price History in Canada (CAD)
Bitcoin's price history is unlike any other asset. Here's the story in Canadian dollars.
Buy Bitcoin in Canada Today →Key Price Milestones (CAD)
| Year | Price (approx CAD) | Event |
|---|---|---|
| 2009 | < $0.01 | Bitcoin launched |
| 2011 | $35 | First bubble and crash |
| 2013 | $1,300 | Mt. Gox era peak |
| 2015 | $200 | Bear market low |
| 2017 | $26,000 | First mainstream rally |
| 2018 | $4,000 | Major correction |
| 2020 | $10,000–$35,000 | COVID recovery |
| 2021 | $90,000 | All-time high (Nov 2021) |
| 2022 | $15,000 | Bear market (FTX collapse) |
| 2023 | $25,000–$55,000 | Recovery begins |
| 2024 | $60,000–$120,000+ | 4th halving cycle |
| 2026 | $130,000+ | Current range |
The Pattern: Four-Year Cycles
Bitcoin's price has historically followed a pattern tied to the halving (every ~4 years, the new supply of Bitcoin cuts in half):
This isn't guaranteed to continue, but it's the observed historical pattern.
What This Means for Canadian Investors
Long-term holders have done well. Any Canadian who held Bitcoin for 4+ years from any point has historically been profitable.
Short-term traders have struggled. Bitcoin's volatility is extreme — predicting short-term moves is nearly impossible even for professionals.
The implication: For most Canadians, time in market beats timing the market. Dollar-cost averaging over years has outperformed lump-sum entries or active trading.
FINTRAC Registered | Non-Custodial | Bitcoin-Only | 20,000+ Canadians | Since 2020
See also: Bitcoin Halving Canada | Dollar-Cost Averaging Bitcoin Canada | Buy Bitcoin in Canada