Can bitcoin be recovered if you lost a password?

Could you elaborate on the possibility of recovering Bitcoin if one loses their password? It seems to be a prevalent concern amongst crypto investors, given the immense value that Bitcoin can represent. Are there any security measures or contingency plans that could be employed to regain access in such a situation? Does the decentralized nature of the Bitcoin blockchain network lend itself to any potential recovery methods? Or is the loss of a password truly a fatal blow to one's digital wallet and associated holdings? Your insight into this matter would be greatly appreciated.