Your battlepass you tried to gift is in your inventory ( check it) its a safe feature from volvo to prevent abuse, now go to steam > community tab > and market to see on what date will you able to giftwrap it for your friend, it happend to me also when i tried to get it for my friend it has 3-5 days cooldown for some reason.
Should look something like this, its because our credit cards are not verrified with steam, but i cant verify mine because my bank is not allowing it for some reason so i have to wait a bit, im sure you have similar issue.
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Help me ...
try to gift Battle pass 2018 but
it get ,,this error..
"Can't gift battlepass: new payment method error"