Options:
{{{
{{ image.jpg }}
!image.jpg!
}}}

Images are common enough element on modern wiki pages to deserve their own markup. This allows to also just link to images, without actually displaying them, and to have images with exotic extensions or without extensions at all.

The most common image markup was double curly brackets ({{{ {{}} }}}) which will then have the same internal structure as links for consistency.

The markup can be extended by some engines to more generally mean page transclusion (inclusion).

Exclamation points (!!) were not chosen, because of potential conflicts with wiki engines who use them for headers.  Plus, exclamation points insinuate emphasis, which is not correct in this case with images.