I think the sudden increase of price range to $10k-$20k happened too fast even for bitcoin.
Too fast is not a trading concept.
I don't see $10k being the support here,
I think you will find the market found support at $10,700 and then rallied to over $17,000. It is possible to argue that this support will not hold this time but not that it doesn't exist.
anything below that but higher than $7k would still be an acceptable drop.
Anything above $100 is acceptable to me but markets really don't care what we find acceptable.
During the bull run I thought $15k was the resistance, but it blew past that and seemed like $20k is the resistance.
There are no resistance levels when a market is making all-time highs, that is the process of price discovery. Now that the high is in it becomes a resistance level.
So I think you're target $23.5k would still take a long time.
Again, how long is not a trading concept. The trade is that I believe that this is a good area to buy with a tight stop and an upside target of $23.5k. It is a high probability low-risk trade.