Bad analysis.
Litecoin does follow bitcoin pattern.
However, this is the 2ND SPIKE UP for Litecoin, not the first. So it is like Bitcoin last April.
Back in April, Litecoin was trading below 50 cents and ran all the way up to $5. Only to crash a few months ago to $1.6.
This spike is like when Bitcoin ran from $13 to $260.
How is it bad analysis? The description and link I provided about BTC going from $1-2 to +$30 is a lot closer in price to LTC's recent pattern of $2-3 to $48 than your 50 cent to $5. I never said that the recent LTC pattern is a bubble. I said that it's looking like BTC in 2011 which could make LTC a potential bubble. Just speculating that it could follow that pattern. Which at the time of this writing, no major crash occurred.
I don't think it is fair to assume there will be a crash based on the same pattern Bitcoin had. I think there is more things that need too be considered. Not ruling it out as possible just not likely IMO.