black library error

Using Django Getting Started
3

I have a similar issue, i have tried on a new project:

mkdir test_django
cd test_django
python3 -m venv .venv
source .venv/bin/activate
pip3 install Django
pip install --upgrade pip
django-admin startproject testdjango .

and this is the stack trace with the same error:

Traceback (most recent call last):
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/bin/django-admin", line 8, in <module>
    sys.exit(execute_from_command_line())
             ^^^^^^^^^^^^^^^^^^^^^^^^^^^
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/__init__.py", line 442, in execute_from_command_line
    utility.execute()
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/__init__.py", line 436, in execute
    self.fetch_command(subcommand).run_from_argv(self.argv)
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/base.py", line 412, in run_from_argv
    self.execute(*args, **cmd_options)
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/base.py", line 458, in execute
    output = self.handle(*args, **options)
             ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/commands/startproject.py", line 21, in handle
    super().handle("project", project_name, target, **options)
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/templates.py", line 232, in handle
    run_formatters([top_dir], **formatter_paths)
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/site-packages/django/core/management/utils.py", line 172, in run_formatters
    subprocess.run(
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/subprocess.py", line 548, in run
    with Popen(*popenargs, **kwargs) as process:
         ^^^^^^^^^^^^^^^^^^^^^^^^^^^
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/subprocess.py", line 1024, in __init__
    self._execute_child(args, executable, preexec_fn, close_fds,
  File "/Users/lucianboboc/.pyenv/versions/3.11.3/lib/python3.11/subprocess.py", line 1917, in _execute_child
    raise child_exception_type(errno_num, err_msg, err_filename)
FileNotFoundError: [Errno 2] No such file or directory: '/usr/local/bin/black'