A friend of mine had some Bitcoin on his phone a couple of years ago and he's lost that phone which stored the private keys on without any other backup. We can see his balance on the blockchain and he knows his password for the private keys. Is there a way of creating the private key from the bitcoin address and the known password?
Bitcoin blockchain did not has recover or forgeting password reset option, this automatically means when you lose your private key or password you have lose you coin. So for you to get your bitcoin back you need locate your private key if note no way.