Then someone posted that Segwit did not have much effect on the price, which I simply disagreed.
Or it might already be priced in. But I will be wrong, and my plebness will show again. Hahaha.
What I think is that despite popular belief SegWit didn't cause a "pump" because lack of SegWit (before its activation) was preventing the money from coming in so when it got activated and the drama ended, all those moneys waiting to jump in, jumped in and price went up to what it should have reached if there were no drama.
In other words removal of drama let the rise that were supposed to happen months before, finally happen.
With that logic, Taproot shouldn't cause any significant rise itself because there is no drama. But at the same time we have had another kind of "drama" which was the unreasonable drop which lasted a couple of months which kept the price below $60k. This undervalued state with all the FUD campaigns have created a nice build up and the panic buyers are waiting to jump in causing a big rise sooner or later.
I have the same theory. The scaling debate brought instability, then which Segwit activation stabilized and ended the debate. It also brought divisiveness,