Mike Bickle discusses Zechariah 11, emphasizing Israel's rejection of the humble king, Jesus, and the subsequent judgment they faced, including the Roman invasion in 70 A.D. He highlights the tragic irony of Israel's acceptance of a false shepherd, the Antichrist, who deceives them into believing he will bring peace. Bickle draws parallels between the historical rejection of Jesus and the future acceptance of the Antichrist, underscoring the importance of recognizing true leadership and the consequences of turning away from God. Ultimately, he points to the hope of restoration and revival for Israel at the second coming of Christ.