The aim of this work is to develop a BPX preconditioner for the Bidomain model of electrocardiology. This model describes the bioelectrical activity of the cardiac tissue and consists of a system of a non-linear parabolic reaction-diffusion partial differential equation (PDE) and an elliptic linear PDE, modeling at macroscopic level the evolution of the transmembrane and extracellular electric potentials of the anisotropic cardiac tissue. The evolution equation is coupled through the nonlinear reaction term with a stiff system of ordinary differential equations, the so-called membrane model, describing the ionic currents through the cellular membrane. The discretization of the coupled system by finite elements in space and semi-implicit finite differences in time yields at each time step the solution of an ill-conditioned linear system. The goal of the present study is to construct, analyze and numerically test a BPX preconditioner for the linear system arising from the discretization of the Bidomain model. Optimal convergence rate estimates are established and verified by two-and three-dimensional numerical tests on both structured and unstructured meshes. Moreover, in a full heartbeat simulation on a three-dimensional wedge of ventricular tissue, the BPX preconditioner is about 35% faster in terms of CPU times than ILU(0) and an Algebraic Multigrid preconditioner.