Forget The Halving—Could This Be What Sends Bitcoin Over $10,000?

Bitcoin, up 3% in the last 24-hour trading period to over $9,000, has exploded into 2020—adding around 30% to its value since January 1.

The bitcoin price is still half of its all-time high set in late 2017 and significantly down on 2019’s high of around $13,000 but bitcoin bulls appear to be back in control and have put Wall Street on notice.

Bitcoin and cryptocurrency market watchers are now looking ahead to 2020 with many pointing to bitcoin’s May halving as the likely catalyst for the next move higher—though there could be a more important development on the horizon.

Bitcoin is expected to be upgraded in a so-called soft fork later this year, a development that’s been called “one of the most innovative additions” that bitcoin’s had.

The soft fork, which is a change to a cryptocurrency’s protocol that doesn’t require all nodes to…