Positive 1 has a cycle period of one, just as the natural numbers form a line extending in one direction.
−1 has a cycle period of two. It's part of the integers, lying on a line extending in two directions.
And i? The pattern suggests splitting the universe of numbers into four parts: the familiar real numbers and the new imaginary ones of i and its multiples. Once we do, the geometric interpretation of multiplication by i becomes obvious.
Check this diagram against the cycle of powers of i: each multiplication by i rotates a value through a quarter-turn from one number line to the next. From 1 we travel to i to −1 to −i back to 1. Just as the negative numbers mirrored the positive, the imaginary arm of the complex plane is a mirror of the real.