It is kind of far fetched to think the proposed Bitcoin Reserve is what facilitated his victory.  I honestly strongly believe it contributed to such a small percentage of his victory that it is not one of THE reasons he won.

Now for the Price Bitcoin currently is worth.  Have you ever seen a Bitcoin rally and how it looks like? It does not look like it has priced in at all.  More over, it looks like a great thing whether it is priced in or not.  Think of it this way,

If Bitcoin has priced in already, it means it is much less volatile than it used to be and the rally is so smooth and normal we do not even notice any more.  Though this comes with a caveat.  If it priced in already, then the percent it increases by every cycle is becoming so low it may not be profitable for Miners to continue their operations.  In that situation, you have to worry about way more than whether a rally is due or not.

If it has not priced in already then the upcoming Bitcoin rally will likely be an incredible ride.  We are past 100 Thousand Dollars a Bitcoin.  These are insane numbers.