The full transcript is available here:
https://www.npr.org/2021/02/10/966396848/read-trumps-jan-6-speech-a-key-part-of-impeachment-trial
Over 8000 words were omitted between the first part, which Panorama cut mid-sentence, and the part near the end, beginning 'And we fight ...'
He uses the word 'fight' a lot in this speech. Nowhere is it obvious he means stage an insurrection or commit violence. His words at the beginning, which Panorama cut: 'to peacefully and patriotically make your voices heard', suggest the opposite.
In several places he very obviously means 'fight' as in a political fight. For example, he says that Rudy Guiliani, Jim Jordan and the 'House guys' fight. He says of Republican candidates 'we have to primary the hell out of the ones that don't fight.'
Talking about the media, he uses 'fight' several times and obviously means an argument. He says 'But you know, it used to be that they'd argue with me. I'd fight. So I'd fight, they'd fight, I'd fight, they'd fight. Pop pop. You'd believe me, you'd believe them. Somebody comes out. You know, they had their point of view, I had my point of view, but you'd have an argument.
'Now what they do is they go silent. It's called suppression and that's what happens in a communist country. That's what they do, they suppress. You don't fight with them anymore.'
None of this is to say that Trump is not a dangerous arsehole who was thrilled by the events of Jan 6. I'm not saying that he did not incite those events. The speech as a whole could be seen as covert incitement, although I seem to remember at the time his tweets were considered much stronger evidence than this speech.
What I am saying is that the Panorama splice deliberately misrepresented what he said and completely changed the overt meaning.
I don't expect decent behaviour from Trump. I do expect it from the BBC and one of the most shocking aspects of this whole thing is the number of people who are completely fine with the BBC abandoning accuracy and impartiality as long as the 'victim' is someone we don't like.