It lies close to the direction of the open cluster Messier 52. The "bubble" is created by the stellar wind from a massive hot, 8.7 magnitude young central star, the 15 ± 5 M☉ SAO 20575 (BD+60 2522). The nebula is near a giant molecular cloud which contains the expansion of the bubble nebula while itself being excited by the hot central star, causing it to glow.
The morning sky will play host to a spectacular gathering of solar system objects grouped closely together tomorrow (Nov. 22), but it won't be easy for observers on Earth to see it.
The sun, moon, three planets and the dwarf planet Ceres will all appear within a 20-degree span of sky. (For reference, your clenched fist held up to the sky measures about 10 degrees across.) Mercury and Saturn will be just west of the sun and new moon, while Venus and Ceres will be to the east. Unfortunately, the bright sun will wash out the beautiful "conjunction," but interested observers can still use a planetarium software program like Starry Night to check out the stunning event.
The Crab Nebula is cataloged as M1, the first object on Charles Messier's famous 18th century list of things which are not comets. In fact, the Crab is now known to be a supernova remnant, debris from the death explosion of a massive star, witnessed by astronomers in the year 1054. This sharp, ground-based telescopic view uses narrowband data to track emission from ionized oxygen and hydrogen atoms (in blue and red) and explore the tangled filaments within the still expanding cloud. One of the most exotic objects known to modern astronomers, the Crab Pulsar, a neutron star spinning 30 times a second, is visible as a bright spot near the nebula's center.
NASA's Hubble Space Telescope has captured an exoplanet's true color. HD 189733b has an azure color that's similar to Earth's, but there is no chance the planet holds life as it orbits extremely close to its host star.