Yes, this can be bustled and easily. The French Pick-up Bustle at the knee you suggested will work nicely. Click on the button below for examples.
The rigging is sewn to all layers so that when the bustle is made all the layers are caught up in it. Step-by-step instructions for making this type of bustle are in my Beautiful Bustles You Tube videos.
I always like the wrist loop style for dancing, but I think your train is too short to make it work nicely.