To understand more about Taproot, you can read these:

Taproot - The biggest upgrade for Bitcoin since 2017 & documents to read.
Taproot transactions and significance

Key aggregation which will reduce multisig transactions, even 50-of-50 15-of-15 multisig wallet will have the same fee as wallet with just single public key

It will help in atomic swap through adaptor signature.

Making more input transactions lower if compared even to segwit.

In general, bitcoin is in expanantial growth ; the price will continue to new ATH horizons.
According to bitcoin history, i can ensure you that Bitcoin price will hit a new all-time high ahead of Taproot upgrade sheuled to the end of year. Maybe it will reach 100$K or even higher.
From another side, i remember how it was expected that the price will increase significantly after Twitter lunch the option of btc reward paiement, but nothing happened.

Thank you for this detailed reply. I really needed those sentences to resume the whole matter.

I'm not that expert as well, but as far as FOMO goes, we might the same with Segwit last 2017, it was a catalyst on a massive spike in November and then December, the CBoE and CME bitcoin futures.

So Segwit=Taproot, but the question is CBoe/CME=???

Maybe we can see Bitcoin ETF approval in December? or another big news that will push the price to $100k or higher?

Bitcoin has been consolidating for last few days over 60,000 but unable to break the new all time high of 66,000$. This taproot activation could act as a fuel and hype for a major bitcoin pump we have been waiting for. The month of November will be very bullish due to the taproot hype.

I don't have much knowledge about how the taproot will change transactions fundamentally but i feel like it won't have that much affect on the ones that are being made by regular people, because in its core the taproot doesn't change the spend or the fees of the transactions itself like segwit did, which is why it had a great impact on the price, but it is said that traproot will make smart contracts that are created on the bitcoin's core network and the segwit take less space and therefore be cheaper, and i feel like we need to wait to see if that will actually will make an impact on the price.

OP, any probability for a pump/price surge because of Taproot might already be priced in in my opinion. If everyone expects it, everyone buys weeks before the “expected date”, then by the time of “the date”, nothing. BUT I also said the expected pump for the halving was also priced in. I was never more wrong in my life.

There is no direct correlation between the implementation of Taproot and the changes in the price of Bitcoin because the latter is more of speculative nature while the former is determined by pure technical need. However, the price of bitcoin is slightly dependent on the scale of its adoption and the pace of adoption, both of which may potentially be affected by the activation of Taproot. Given that the soft fork is aimed to make bitcoin more private and fungible, it is clearly not going to make bitcoin more attractive for regulators, which may negatively impact both the price and the speed of adoption. At the same time, it may result in increased usage of the Lightning Network due to enhanced privacy upon opening/closing channels, which in turn may considerably hasten the adoption and therefore the growth in the price of bitcoin.

Exactly going to be my point here.
I mean, how can someone even adjoin two completely different matters into one subject? How can segwit or taproot become the reason for a major price change when both of them doesn't even belong to the genre of speculation and are rather more technically connected? Something that reduces the size or cost of a transaction is only helping users to transact in a much efficient and cost-effective ways, so there isn't anything that connects it to price speculations.

I believe you might be right. It’s not actually about the technical upgrade itself, or what improvements of each upgrade brought to the protocol. It’s about what argument “one upgrade” brought, and how it won against troll-narratives of the flat-Earthers.