Passage
`Blessed <FI>is<Fi> the Lord, the God of Israel, Because He did look upon, And wrought redemption for His people,
`Blessed <FI>is<Fi> the Lord, the God of Israel, Because He did look upon, And wrought redemption for His people,
Luke 1:66 and all who heard did lay them up in their hearts, saying, `What then shall this child be?' and the hand of the Lord was with him.
Luke 1:67 And Zacharias his father was filled with the Holy Spirit, and did prophesy, saying,
Luke 1:68 `Blessed <FI>is<Fi> the Lord, the God of Israel, Because He did look upon, And wrought redemption for His people,
Luke 1:69 And did raise an horn of salvation to us, In the house of David His servant,
Luke 1:70 As He spake by the mouth of His holy prophets, Which have been from the age;
The verse centers on "blessed", "lord", "israel", "look", "upon", "wrought", "redemption", and "people". It is saying that the verse draws attention to "blessed" and "lord", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 67's "And Zacharias his father was filled with..." into verse 69's "And did raise an horn of salvation...", so "blessed" and "lord" belong inside that flow. In Luke context, the local focus is Christ, faith, and discipleship.
A plain takeaway is to answer the verse's own emphasis on "blessed" and "lord" with trust shaped by these words, not by a vague optimism outside the passage.