I bid on a item a message came back stating it would not accept a bid from bookmark

I bid on a item from my watch section which I have regularly done but the last 2 times that I bid on when I confirmed my bid a message came up stating that the bid could not be accepted from a bookmark. I wish to know what is wrong as I have bid from my watch list hundreds of times before so of course I missed out on the items I was attempting to buy.

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