Bitcoin Price in CAD: Current Trends and Influencing Factors

Beginner6/26/2025, 3:06:23 AM
In-depth analysis of the current Bitcoin Price CAD (approximately CA$147,426.89), combining market volatility and macro monetary policy, analyzing price drivers and investment advice for beginners, helping you seize opportunities in crypto assets.

1. Introduction

As global cryptocurrency assets continue to heat up, the Bitcoin Price CAD (the price of Bitcoin against the Canadian dollar) that Canadian investors are focused on is also showing new volatility characteristics. This article will take a multi-dimensional approach to help newcomers fully grasp the pulse of the local market.

2. Latest Bitcoin Price CAD Quote and Short-term Performance


Figure:https://www.gate.com/trade/BTC_USDT

On June 26, 2025, 1 BTC ≈ CA$147,641, with a 24-hour increase of approximately +1.1%, indicating that recent bulls are still vibrant. Over the past week, the price has oscillated between CA$138,571 and CA$148,030, with short-term fluctuations close to 7%, showing significant volatility.

3. Historical Review of June Market Trends

  • June opening price: CA$143,906; closing price: CA$147,171, monthly increase of approximately +2.22%.
  • The highest reached in the month was CA$151,118; the lowest fell to CA$138,719, indicating that the market first experienced a volatile pullback before rising again.
  • The average price is about CA$144,354, alleviating the psychological pressure brought by the drastic fluctuations in a single day.

4. The Impact of Macroeconomic Policies and Market Sentiment

  1. Bank of Canada Interest Rate Decision: On June 4, 2025, the Bank of Canada kept the benchmark interest rate unchanged at 2.75%, while indicating that if the economy slows down or inflation decreases, it may gradually lower the rates by the end of the year.
  2. Inflation level: The CPI in May was 1.7% year-on-year, unchanged from April, with core inflation (CPI-trim, CPI-median) around 3%, both at the upper limit of the central bank’s target range. As a result, the market believes that the Canadian dollar will remain resilient in the short term, but maintains an optimistic outlook on liquidity for risk assets.
  3. Exchange rate fluctuations: Statistics show that the Canadian dollar appreciated by 0.3% against the US dollar in the short term, mainly boosted by inflation data that “did not exceed expectations,” but the weakening of the US dollar and falling oil prices also injected funds into high-risk assets.

5. Analysis of Mining Costs and Technical Aspects


Mining costs: The electricity price varies significantly across provinces in Canada, with Quebec, a province rich in hydroelectric resources, having electricity costs as low as CA$0.03/kWh, giving local miners a cost advantage globally, supporting network hash rates and miner confidence.

Technical analysis:

  • The short-term moving average (20-day MA) is above CA$145,200, indicating a clear bullish trend.
  • The RSI indicator is currently around 62, not yet in the overbought zone (>70), and there is still room for further upward movement.
  • The increase in trading volume along with rising prices indicates a healthy market condition.

6. Tax and Regulatory Information

  • Tax Reporting: The Canada Revenue Agency (CRA) considers Bitcoin as property, and the sale or exchange triggers capital gains tax. Newcomers need to report at a capital gains rate of 50% during annual tax filing.
  • Regulatory Environment: Starting in 2024, Canada will implement stricter KYC/AML requirements for crypto platforms, with all local exchanges required to register as MSBs (Money Service Businesses) to ensure transaction transparency and compliance.

7. Price Support and Resistance Levels

Key Support:

  • CA$144,000: Monthly average line support, if it retraces to this level, it can be seen as a buying opportunity.
  • CA$140,000: Supported by both psychological and technical factors, with a stop-loss level below.

Main Resistance:

  • CA$148,800: Previous high area, expected to challenge CA$151,000 after breakthrough.
  • CA$151,000: June peak, short-term large sell orders may be concentrated.

8. Investment Strategies and Risk Management

  1. Batch building: It is recommended to divide the target position into 3-5 parts and enter the market at intervals during dips to smooth out costs.
  2. Take profit and stop loss: You can gradually reduce your position in the range of CA$150,000–CA$152,000; if it falls below CA$140,000, consider a complete stop loss or reduce exposure.
  3. Position Control: Newbies are advised to control their position ratio at 5%–10% of total assets, and using high leverage or borrowing to increase positions is strictly prohibited.
  4. Long-term vs Short-term: Depending on risk appetite, one can choose HODL (long-term holding) or swing trading, but strict trading discipline must be adhered to.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Bitcoin Price in CAD: Current Trends and Influencing Factors

Beginner6/26/2025, 3:06:23 AM
In-depth analysis of the current Bitcoin Price CAD (approximately CA$147,426.89), combining market volatility and macro monetary policy, analyzing price drivers and investment advice for beginners, helping you seize opportunities in crypto assets.

1. Introduction

As global cryptocurrency assets continue to heat up, the Bitcoin Price CAD (the price of Bitcoin against the Canadian dollar) that Canadian investors are focused on is also showing new volatility characteristics. This article will take a multi-dimensional approach to help newcomers fully grasp the pulse of the local market.

2. Latest Bitcoin Price CAD Quote and Short-term Performance


Figure:https://www.gate.com/trade/BTC_USDT

On June 26, 2025, 1 BTC ≈ CA$147,641, with a 24-hour increase of approximately +1.1%, indicating that recent bulls are still vibrant. Over the past week, the price has oscillated between CA$138,571 and CA$148,030, with short-term fluctuations close to 7%, showing significant volatility.

3. Historical Review of June Market Trends

  • June opening price: CA$143,906; closing price: CA$147,171, monthly increase of approximately +2.22%.
  • The highest reached in the month was CA$151,118; the lowest fell to CA$138,719, indicating that the market first experienced a volatile pullback before rising again.
  • The average price is about CA$144,354, alleviating the psychological pressure brought by the drastic fluctuations in a single day.

4. The Impact of Macroeconomic Policies and Market Sentiment

  1. Bank of Canada Interest Rate Decision: On June 4, 2025, the Bank of Canada kept the benchmark interest rate unchanged at 2.75%, while indicating that if the economy slows down or inflation decreases, it may gradually lower the rates by the end of the year.
  2. Inflation level: The CPI in May was 1.7% year-on-year, unchanged from April, with core inflation (CPI-trim, CPI-median) around 3%, both at the upper limit of the central bank’s target range. As a result, the market believes that the Canadian dollar will remain resilient in the short term, but maintains an optimistic outlook on liquidity for risk assets.
  3. Exchange rate fluctuations: Statistics show that the Canadian dollar appreciated by 0.3% against the US dollar in the short term, mainly boosted by inflation data that “did not exceed expectations,” but the weakening of the US dollar and falling oil prices also injected funds into high-risk assets.

5. Analysis of Mining Costs and Technical Aspects


Mining costs: The electricity price varies significantly across provinces in Canada, with Quebec, a province rich in hydroelectric resources, having electricity costs as low as CA$0.03/kWh, giving local miners a cost advantage globally, supporting network hash rates and miner confidence.

Technical analysis:

  • The short-term moving average (20-day MA) is above CA$145,200, indicating a clear bullish trend.
  • The RSI indicator is currently around 62, not yet in the overbought zone (>70), and there is still room for further upward movement.
  • The increase in trading volume along with rising prices indicates a healthy market condition.

6. Tax and Regulatory Information

  • Tax Reporting: The Canada Revenue Agency (CRA) considers Bitcoin as property, and the sale or exchange triggers capital gains tax. Newcomers need to report at a capital gains rate of 50% during annual tax filing.
  • Regulatory Environment: Starting in 2024, Canada will implement stricter KYC/AML requirements for crypto platforms, with all local exchanges required to register as MSBs (Money Service Businesses) to ensure transaction transparency and compliance.

7. Price Support and Resistance Levels

Key Support:

  • CA$144,000: Monthly average line support, if it retraces to this level, it can be seen as a buying opportunity.
  • CA$140,000: Supported by both psychological and technical factors, with a stop-loss level below.

Main Resistance:

  • CA$148,800: Previous high area, expected to challenge CA$151,000 after breakthrough.
  • CA$151,000: June peak, short-term large sell orders may be concentrated.

8. Investment Strategies and Risk Management

  1. Batch building: It is recommended to divide the target position into 3-5 parts and enter the market at intervals during dips to smooth out costs.
  2. Take profit and stop loss: You can gradually reduce your position in the range of CA$150,000–CA$152,000; if it falls below CA$140,000, consider a complete stop loss or reduce exposure.
  3. Position Control: Newbies are advised to control their position ratio at 5%–10% of total assets, and using high leverage or borrowing to increase positions is strictly prohibited.
  4. Long-term vs Short-term: Depending on risk appetite, one can choose HODL (long-term holding) or swing trading, but strict trading discipline must be adhered to.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.
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