ERROR Cannot find module '@teambit/node'

[jonesy212]

after following instructions on the bit.dev site, I keep getting this error

Cannot find module '@teambit/node'
Require stack:

• /Users/dixiejones/.bvm/versions/0.0.888/bit-0.0.888/node_modules/@teambit/bit/dist/manifests.js
• /Users/dixiejones/.bvm/versions/0.0.888/bit-0.0.888/node_modules/@teambit/bit/dist/bit.main.runtime.js
• /Users/dixiejones/.bvm/versions/0.0.888/bit-0.0.888/node_modules/@teambit/bit/dist/load-bit.js
• /Users/dixiejones/.bvm/versions/0.0.888/bit-0.0.888/node_modules/@teambit/bit/dist/app.js
• /Users/dixiejones/.bvm/versions/0.0.888/bit-0.0.888/node_modules/@teambit/bit/bin/bit

How to produce this:

Following installation instructions from:
https://bit.dev/docs/getting-started/installing-bit/installing-bit

I tried to do both (on separate occasions)
npx @teambit/bvm install -- this runs fine

I ran bvm version:
current (used) bvm version: 0.2.4
latest available bvm version: 0.2.4
current (used) bit version: 0.0.888 (stable)
latest installed bit version: 0.0.888 (stable)
latest available stable bit version: 0.0.888

while troubleshooting i also tried:
npm i @teambit/bit
this gets an error
npm WARN ERESOLVE overriding peer dependency
npm ERR! code EINVALIDTAGNAME
npm ERR! Invalid tag name ">=^16.0.0" of package "react@>=^16.0.0": Tags may not have any characters that encodeURIComponent encodes.