I don't think one link will be a bother to your domain, but like others have said, disavow it first. There is always a chance that this backlink could hurt you eventually.
To me it does sound like a penalty, as a single video taken off wouldn't cause such a problem. You have to check if there is any problems with your page like others in this topic have stated.
Google is pretty strict about this sort of thing, so the account you used is no longer available to you. I don't know if using a new google account will work, but it's worth a try.
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