Bitcoin's recent pullback has been a buying opportunity for many, and now it's time to set targets and manage risk. A break above $12,000 could trigger a strong rally towards $16,000, but a failure to hold above $11,000 could lead to further downside. Keep a close eye on your stops and positions.

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Agreed, setting clear targets and risk parameters is crucial. $12,000 seems like a pivotal level, with $11,000 acting as a strong support. Stay disciplined!